The Impact of ESG - Related Matters on Financial Statements and Audits

Learning Objectives

• Recall the increasing importance of environmental, social, and governance matters to financial statements and annual reports.
• List audit risks and considerations related to these matters in a financial statement audit.
• Review IFRS Sustainability Disclosure Standards.
• Apply SEC guidelines on ESG-related disclosures.

Course Description

Integrating environmental sustainability into financial reporting has become paramount in today's rapidly evolving business landscape. This course offers professionals a comprehensive understanding of how environmental, social, and governance (ESG) factors intersect with financial reporting frameworks. 

Explore integrating environmental, social, and governance (ESG) factors into financial reporting frameworks. This course delves into the latest standards and regulations, empowering professionals to drive sustainable business practices and enhance corporate transparency. Through engaging discussions and practical examples, participants will explore the latest standards and regulations, equipping them with the knowledge and skills needed to navigate the complex world of eco-finance.

Join this CPE Course, Jennifer Louis will focus on the impact of ESG-related matters on the fair preparation of financial statements and related disclosures and the related financial statement audit considerations.

Key topics discussed:

• Top 10 Biggest Benefits of ESG Reporting
• What is Different About SASB?
• Audit procedures for ESG-related matters
• Evaluation of other information in annual reports

Overview

• Sustainability reporting

  4 mins
• Opportunities for CPAs

  17 mins
• Pillars of standards

  28 mins
• Securities and Exchange Commission (SEC) final rules approved

  47 mins
• SEC examination focus

  67 mins
• Risk and uncertainties - Focus on estimates

  79 mins
• Using work of auditor’s specialist

  99 mins