Climate change and financial statements

Gordon B. Johnson

Auditors ever more need to have to consider how climate risks these as weather conditions situations, and the challenges of transitioning to internet-zero, may possibly have an effects on economical statements. Lesley Meall shares some important feelings and suggestions from auditors, regulators, conventional-setters and ICAEW.&#13

We have all accomplished our bit to lead to climate adjust, and we should all do our bit to curtail it. Fortuitously, quite a few accountants are ready to make a big difference both equally individually and skillfully. “As dependable advisers to all varieties of companies, we are effectively positioned to push the sustainability agenda and switch the ambition of a minimal-carbon world into a truth,” claims ICAEW’s CEO Michael Izza.

ICAEW has been actively pursuing this ambition for some a long time by taking a guide on its journey to carbon neutrality collaborating on initiatives these kinds of as the Skilled Bodies Weather Motion Charter and giving members with a expert ‘Climate Hub’ of sources, data and inspiration.

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