The Evolution of Materiality: Double to Dynamic

Materiality is a fundamental concept in accounting. A piece of information is material if it influences someone‚Äôs decision. According to the US SEC, if the information on a company is material, it should be disclosed if a reasonable person considers it important.Information that is material in one setting may not be material in another. Typically,Continue reading “The Evolution of Materiality: Double to Dynamic”

Basics of Social Cost of Carbon

Governments have many policy options to curb carbon dioxide (CO2) emissions and slow down global warming. There are a wide range of estimates of costs that these policies will impose on governments and taxpayers. If the government doesn’t do anything or do much, society will inevitably pay the price. According to a study by theContinue reading “Basics of Social Cost of Carbon”

SROI: Tackling the Measurement Challenge

The concept of Social Return on Investment (SROI) emerged from the work done by the Roberts Enterprise Development Foundation (REDF). Originally intended for large social enterprises, over time it has been fine-tuned to meet the requirements of various types of organisations. SROI is an outcomes-based measurement tool that helps organisations to understand and quantify theContinue reading “SROI: Tackling the Measurement Challenge”