Page 8 - 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)

8