Monday, July 12, 2010

BASDA launch IT standard for environmental accounting


A new IT standard proposed to help businesses account for sustainability issues is to be launched by the Business Application Software Developers Association

An environmental reporting standard has been developed to make it easier for businesses to compile sustainability information through their finance IT systems.

The standard, launched by BASDA for software developers, is intended to help finance functions compile carbon and other environmental information through their accounting systems, into a more manageable format to allow easier environmental reporting - which is likely to become mandatory in the next few years.

See full Article.