Climate change and financial statements

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Auditors more and more have to have to think about how weather dangers these types of as climate functions, and the problems of transitioning to web-zero, may well have an impact on fiscal statements. Lesley Meall shares some crucial feelings and recommendations from auditors, regulators, standard-setters and ICAEW.&#13

We have all accomplished our little bit to add to climate alter, and we ought to all do our little bit to curtail it. The good thing is, many accountants are capable to make a difference equally individually and professionally. “As trustworthy advisers to all types of businesses, we are perfectly put to travel the sustainability agenda and convert the ambition of a small-carbon globe into a fact,” claims ICAEW’s CEO Michael Izza.

ICAEW has been actively pursuing this ambition for some several years by having a guide on its journey to carbon neutrality collaborating on initiatives this kind of as the Qualified Bodies Local weather Action Charter and delivering customers with a professional ‘Climate Hub’ of methods, details and inspiration.