Page 6 - PowerPoint Presentation

CAPITAL INVESTMENT APPRAISAL

Sustainable Value Creation

• Sustainable business practice looks beyond only the usual economical
perspective, to also include environmental and social considerations. Its
intention is to support these multiple pillars in an effort to help secure the
ability of later generations/businesses to endure.

• The demanding task of sustainable value creation will require the
commitment of more than just a few individuals; according to architect and

sociologist, Robert Gutman, the responsibility falling upon professionals is
clear:

• Every profession bears the responsibility to understand the circumstances that enable its
existence. (quote, emphasis added)

• In recognition of the importance of sustainability and governance, SAICA
has placed strong emphasis on these matters in its updated CTA curricula.

• With this in mind, study the following extract from an exposure draft issued

by the International Federation of Accountants (IFAC) as Good Practice
Guidance, entitled: Project and Investment Appraisal for Sustainable Value
Creation.( to be uploaded on your portal)

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