Which of the following statements regarding CSR and sustainability reporting is false? a.The Global Reporting Initiative is an international organization that develops the use of sustainability reporting standards.   b.Generally accepted accounting principles require firms to report CSR and sustainability efforts.   c.Many corporations use a triple bottom line approach to sustainability reporting.   d.The triple bottom line approach includes financial, social, and environmental performance components.

Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter17: Other Services Provided By Audit Firms
Section: Chapter Questions
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Which of the following statements regarding CSR and sustainability reporting is false?

a.The Global Reporting Initiative is an international organization that develops the use of sustainability reporting standards.
 
b.Generally accepted accounting principles require firms to report CSR and sustainability efforts.
 
c.Many corporations use a triple bottom line approach to sustainability reporting.
 
d.The triple bottom line approach includes financial, social, and environmental performance components.
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