myCPE
myCPE

Sustainability Disclosure Standards: IFRS S1 and S2 1.5 Credits

Dec 24, 2024, 12:30 PM ET

Sustainability Disclosure Standards: IFRS S1 and S2 1.5 Credits

  • Rating

    4.5
  • Reviewed on

    March, 2024
  • Subject Area

    Accounting

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Dec 24, 2024, 12:30 PM ET

Learning Objective

  • To describe the purpose of the sustainability disclosure standards.
  • To outline the main requirements of IFRS S1.
  • To outline the main requirements of IFRS S2.
  • To review developments in sustainability reporting in the key jurisdictions of the United States, Canada, the European Union, the United Kingdom, and Australia.
  • To explain the role of the Global Reporting Initiative.
  • To consider appropriate sustainability metrics for their organization.
  • To plan their next steps for professional development and implementation of the standards.

Course Overview

In June 2023 the IFRS issued two new reporting standards. These are the sustainability disclosure standards IFRS S1 and S2 which come into force from January 2024 for corporate reports from 2025.

Climate change brings risks to organizations and the economy, but it also holds opportunities. In response to these issues, the International Financial Reporting Standards Foundation set up the International Sustainability Standards Board in November 2021 in order to develop “sustainability-related disclosure standards that provide investors and other capital market participants with information about companies’ sustainability-related risks and opportunities to help them make informed decisions”.

The result of this work is the two new sustainability disclosure standards IFRS S1 and S2. These new standards fit within a wider context of sustainability reporting standards including emerging models in the European Union, United Kingdom, Australia, Canada, and the United States.

This CPE Accounting Course provides an overview of IFRS S1 and S2 and their requirements and an insight into the broader framework of sustainability reporting standards in the key jurisdictions of the European Union, United Kingdom, Australia, Canada, and the United States. The course also discusses the sustainability KPIs that organizations are beginning to implement.

Key Topics covered in this Course:

  • Background to the Sustainability Disclosure Standards
  • Overview of IFRS S1 and S2
  • IFRS S1: General Requirements for Disclosure of Sustainability-related Financial Information
  • IFRS S2: Climate-related Disclosures
  • Jurisdiction-Specific Application of IFRS S1 and S2
  • Other Sustainability Reporting Considerations
  • Next Steps and Further Information

Join this CPE Webinar it will help you prepare for reporting if your organization is covered by the requirements, and it will help develop expertise in the emerging field of sustainability analysis and reporting.

Dive into the world of CPA CPE courses with MY-CPE. Our online courses are here to help you complete your CPA CPE credits seamlessly. We cover a wide range of topics delivered by professional subject matter experts. Forget the traditional way of learning with flexible scheduling and learn at your own pace. Join us and start your journey toward professional growth today!

Podcast Credits

Short Video Credits

On Demand Credits

Live Credits

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Additional Information

Credits

1.5

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Instructor

Expand Your Accounting Skills with CPE/CPD Courses by Ross Maynard
Ross Maynard

Managing Director, Ideas2Action Process Excellence Ltd

  • 4.4
  • rating
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My philosophy is to inspire, challenge and support change. I have nearly 30 years’ experience as a business author and consultant. 

As a consultant, I specialise in process improvement based on the Lean philosophy. I facilitate improvement teams and provide expertise in performance measurement and management; problem solving; and process improvement. 

As well as delivering webinars for MyCPE, I develop courses and webinars for the ACCA (Association of Chartered Certified Accountants) in the UK and other specialist business and finance providers.


I live in Scotland, near Glasgow, with my wife, daughter and Cocker Spaniel.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

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RT

Ron Tryggestad, CPA (US)

Very informative and comprehensive overivew of evolving ESG regulatory reporting requirements.

JE

Janice Ellis, CPA (US)

Great presentation on new topic that will continue to be brought forward in society.

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Inclusions
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    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

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    Certifications & Reporting

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