On 18 May 2020 at 10:00 (CET), the Association of Chartered Certified Accountants (ACCA) is hosting a webinar on 'Accounting for Human Capital'.
As the European Commission is preparing its renewed sustainable finance strategy, including the revision of the Non-Financial Reporting Directive, ACCA and the Adecco Group are delighted to invite you to a Chatham House rule interactive webinar to brainstorm on Accounting for human capital.
Most current accounting frameworks do not enable businesses to estimate the value that human capital investments create for the company, or to recoup any expected returns. If training can only be listed as a cost, businesses wishing to appease (more traditional) shareholders lack incentives to invest in the long term.
Alternative measurement and reporting frameworks, which show the connection between to date intangible value investments – such as human capital – and profit, are gaining ground with companies and stakeholders. This is spurred by increasing interest from investors that are beginning to demand more effective disclosure of human capital information of portfolio companies to more holistically understand and assess their long-term value creation and potential risks to it. This webinar will discuss this and present opportunities for audience engagement with the topics at hand.