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      Question

      The Institute of Chartered Accountants of India (ICAI)

      received the ISAR Honours 2023 from the United Nations Conference on Trade and Development (UNCTAD) for its initiative Sustainability Reporting Standards Board (SRSB). What does ISAR stand for in this context?
      A International Standards for Accounting and Reporting Correct Answer Incorrect Answer
      B Indian Society of Accounting and Reporting Correct Answer Incorrect Answer
      C Institute of Sustainability and Accounting Regulations Correct Answer Incorrect Answer
      D Initiative for Standards in Accounting and Reporting Correct Answer Incorrect Answer
      E Institute for Sustainability, Accounting, and Reporting Correct Answer Incorrect Answer

      Solution

      • The Institute of Chartered Accountants of India (ICAI) received ISAR Honours 2023 by the United Nations Conference on Trade and Development (UNCTAD) for its initiative Sustainability Reporting Standards Board (SRSB).  • “ICAI’s initiative SRSB received the highest score in this year's ISAR HONORS session among 70 initiatives from around the world. • ICAI has also received UNCTAD ISAR Chair for the 40th session, second consecutive session.

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