Stakeholders are now expecting all businesses, regardless of their size, to recognise their environmental responsibility, manage the risks and embrace the opportunities relating to sustainability. Members of the IFAC SMP Advisory Group (SMPAG) have been looking at the importance of sustainability information for SMEs and the range of services SMPs can provide, including advisory, reporting, Agreed-Upon Procedures (AUP) engagements and assurance.

During this webinar we will be joined by MGI Worldwide Member, Hina Usmani, from Ilyas Saeed & Co. (ISCO) in Pakistan - a Technical Advisor with SMPAG; Chris Arnold (Director, IFAC); and group Chair Monica Foerster. They will give an overview of their work on practice transformation and the opportunities for small and medium sized practices (SMPs) to provide guidance and recommendations to small businesses management on sustainability matters and the value of enhancing knowledge and skills for providing ESG/sustainability services.

During the discussion the panel will consider how sustainability offers firms the opportunity to expand their service provision and provide value-added services to clients by helping them improve the way they run their businesses, whilst adopting the same principles for their own businesses.

Hina Usmani

Hina Usmani

Partner, Ilyas Saeed & Co. (ISCO)

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Chris Arnold

Chris Arnold

Director, IFAC

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Monica Foerster

Monica Foerster

Chair, IFAC's SMP Advisory Group

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Patricia Stock

Patricia Stock

Chief Executive Officer, SAICA

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SMEs have an important part in achieving the UN Sustainable Development Goals. In particular:

SDG 8

Promote inclusive and sustainable economic growth, employment and decent work for all
SDG 9

Build resilient infrastructure, promote sustainable industrialisation and foster innovation’ (eg. Unlocking the potential of SMEs for the SDGs)
SDG 13

Take urgent action to combat climate change and its impacts