California CPA July 2024 | Page 10

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MEMBER ACCOMPLISHMENTS
The AICPA named Dalton Sweaney among winners of its Outstanding Young CPA Award … The AICPA and CPA Practice Advisor named Lindsay Stevenson and Geni Whitehouse to its list of the Most Powerful Women in Accounting 2024 .
MEMBERS IN THE NEWS
Accounting Today featured Steven Jager in a May 7 article about a CPA ’ s day in Tax Court … Financial Management quoted Okorie Ramsey in a May 15 article about championing equal opportunity and creating a sense of belonging at work … Financial Advisor quoted Larry Pon and Miklos Ringbauer in a May 20 article on why wealthy clients fall for “ dirty ” tax scams .

More CFOs Adopting or Planning to Adopt ESG Principles

CFOs have been publicly championing the benefits companies reap from sustainability initiatives for many years . But was their money always where their mouths were ?
Judging by a recent survey from BDO , not until now has a majority of CFOs focused on sustainability and other aspects of environmental , social and governance ( ESG ) as key strategic activities .
BDO divided respondents ’ companies into two categories . “ ESG-mature ” companies have integrated or are in the process of integrating sustainability principles into their core business strategy . “ ESG-reactive ” businesses primarily view ESG through a compliance lens or are just getting started on their programs . In BDO ’ s 2023 poll of CFOs , two-thirds of survey participants were with ESG-reactive companies . Jump ahead to 2024 , and the situation has advanced dramatically , with more than half ( 53 %) of the respondents now identified as ESG-mature .
Read more at https :// insights . bdo . com / 2024-BDO-ESG-Risk-ROI-Survey . html .

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