The Sustainability Capacity Building Council releases " JICPA Sustainability Capacity Building Syllabus "
In light of the recent surge in the significance of sustainability in corporate management and investor behavior and the advancement of efforts to disclose sustainability information and ensure its credibility, there is an increasing need for professional accountants to enhance their knowledge and capabilities in sustainability. Based on this recognition, the Japanese Institute of Certified Public Accountants (JICPA) has comprehensively discussed the way of sustainability education for professional accountants and published the report "Sustainability Capacity-Building Policy and Actions" in April 2023.
Subsequently, the newly established JICPA Sustainability Capacity Building Council led further discussions and issued the "JICPA Sustainability Capacity Building Syllabus" as a comprehensive set of guidelines for developing sustainability-related capacity building required of professional accountants.
Regarding sustainability capacity building for professional accountants, the International Federation of Accountants (IFAC) is discussing the revision of the International Education Standards (IES); therefore, international cooperation is promptly required.
The JICPA utilizes this syllabus as a foundation for enhancing sustainability-related training courses and promptly develops CPAs' sustainability-related competencies in collaboration with audit firms, departments and agencies, the IFAC, and professional accountancy organizations in other countries.