Climate change and financial statements

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Auditors ever more require to take into consideration how local climate risks these kinds of as climate occasions, and the problems of transitioning to web-zero, may possibly have an impression on fiscal statements. Lesley Meall shares some essential thoughts and guidelines from auditors, regulators, regular-setters and ICAEW.&#13

We have all performed our bit to add to local climate improve, and we ought to all do our little bit to curtail it. The good thing is, numerous accountants are capable to make a big difference both individually and skillfully. “As reliable advisers to all types of businesses, we are properly positioned to push the sustainability agenda and turn the ambition of a reduced-carbon earth into a actuality,” states ICAEW’s CEO Michael Izza.

ICAEW has been actively pursuing this ambition for some yrs by having a lead on its journey to carbon neutrality collaborating on initiatives these kinds of as the Qualified Bodies Local climate Motion Constitution and furnishing customers with a expert ‘Climate Hub’ of assets, facts and inspiration.