Climate change and financial statements

Gordon B. Johnson

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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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