Climate Change Accounting and Sustainability Reporting
Climate-change and sustainability are topics that are increasingly on the minds of investors and other stakeholders. Companies are increasingly subject to nonfinancial reporting requirements relating to environmental, social and governance factors. For example, sustainability reporting requirements are increasingly impacting the investment and lending activities of global financial institutions. Investors now expect businesses to frame decisions in terms of environmental, social, and human impact for the long-term, rather than on short-term gains such as next quarter’s earnings report. This course reviews the prevailing sustainability reporting and the nonfinancial reporting frameworks.
This course also reviews the climate change accounting risks under U.S. Generally Accepted Accounting Principles (U.S. GAAP) and International Financial Reporting Standards (IFRS). While these Standards do not cover climate‑change risks and other emerging risks explicitly, they do address issues that relate to them. This course reviews the application of those Standards and the related guidance on materiality to climate and other emerging risks.
Course information
This course is included in our MEGA CPE Unlimited Bundle
Course No. W007
Instructional Delivery Method: QAS Self-Study
Format: Online pdf (76 pages). Printed book available.
Prerequisites: None
Advance Preparation:None
Level: Overview
CPE Credit: 3.5 Hrs.
Field of Study: Accounting and Economics: Technical (2.5 hrs accounting, 1 hr economics)
Course expiration: You have one year from date of purchase to complete the course.
Course Revision Date: July 2023
Objectives
Learning Objectives
After completing this course, participants should be able to:
- Identify the potential economic impacts and financial risks of climate change.
- Recognize disclosure practices that are consistent with leading sustainability reporting
- Identify areas of accounting and financial statement disclosures that are impacted by climate-related and other emerging risks
This course is included in our MEGA CPE Unlimited Bundle
