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	<title>Comments on: Shell and reporting sustainability</title>
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	<link>http://neilmcintyre.ca/shell-and-reporting-sustainability/</link>
	<description>From external to internal audit</description>
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		<title>By: Neil</title>
		<link>http://neilmcintyre.ca/shell-and-reporting-sustainability/comment-page-1/#comment-257</link>
		<dc:creator>Neil</dc:creator>
		<pubDate>Fri, 15 Dec 2006 09:10:46 +0000</pubDate>
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		<description>Wow, now that&#039;s strong growth.  The Next 2 are growing as well.

What about the European regulators though?  The link says 44% of worldwide revenue was from Europe, and 43% Americas.

More needs to be done to encourage companies to use smaller audit firms, or to help smaller firms compete.</description>
		<content:encoded><![CDATA[<p>Wow, now that’s strong growth.  The Next 2 are growing as well.</p>
<p>What about the European regulators though?  The link says 44% of worldwide revenue was from Europe, and 43% Americas.</p>
<p>More needs to be done to encourage companies to use smaller audit firms, or to help smaller firms compete.</p>
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		<title>By: Malcolm McLelland</title>
		<link>http://neilmcintyre.ca/shell-and-reporting-sustainability/comment-page-1/#comment-256</link>
		<dc:creator>Malcolm McLelland</dc:creator>
		<pubDate>Wed, 13 Dec 2006 06:01:31 +0000</pubDate>
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		<description>In principle I think you&#039;re right: Sustainability investments undoubtedly have a payoff of some kind, at least in expectation (i.e., in probability).  So when investors begin to recognize the importance of the reporting, the demand for auditing the reports should follow ...

But how&#039;s this for another opportunity for audit services: See the discussion of the Big 4&#039;s 2006 financial results at ...

http://www.accounting.com/forum2/forum_posts.asp?TID=6707

I&#039;m not a huge fan of regulation, but I would think U.S. accounting industry regulators (e.g., PCAOB) would want this stuff audited(?).</description>
		<content:encoded><![CDATA[<p>In principle I think you’re right: Sustainability investments undoubtedly have a payoff of some kind, at least in expectation (i.e., in probability).  So when investors begin to recognize the importance of the reporting, the demand for auditing the reports should follow …</p>
<p>But how’s this for another opportunity for audit services: See the discussion of the Big 4’s 2006 financial results at …</p>
<p><a href="http://www.accounting.com/forum2/forum_posts.asp?TID=6707" rel="nofollow">http://www.accounting.com/forum2/forum_posts.asp?TID=6707</a></p>
<p>I’m not a huge fan of regulation, but I would think U.S. accounting industry regulators (e.g., PCAOB) would want this stuff audited(?).</p>
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