Sustainability

TOPICS / MANAGEMENT ACCOUNTING

February 23, 2023

First global sustainability standards approach the finish line

The International Sustainability Standards Board announces that IFRS S1 and IFRS S2 will be released in June and effective for some companies in 2024.

January 6, 2023

Addressing ESG: Experts advise action but also patience

Regulation is an important step to establishing a baseline for ESG reporting, but it’s only a first step, according to panelists at the AICPA & CIMA Conference on Current SEC and PCAOB Developments.

November 22, 2022

New year, new challenges: Preparing for sustainability disclosures

Those on the front line of the sustainability reporting landscape share what’s to come in 2023 and what accounting professionals need to know to prepare.

November 9, 2022

Prepare your students for ESG careers

Firms are looking for CPAs with environmental, social, and governance knowledge and experience.

November 4, 2022

CEOs cite consequences of not meeting expectations related to ESG

Global business leaders say the impact of ESG goes beyond simply satisfying investors and accounting standards.

August 1, 2022

More companies obtaining ESG assurance, according to global survey

The percentage of companies worldwide providing assurance on ESG reporting increased between 2019 and 2020, but are auditors getting their share of the work?

July 27, 2022

AICPA & CIMA comment on ISSB drafts of sustainability disclosures

A comment letter applauds efforts to develop global standards for disclosing sustainability information and provide suggestions related to the two exposure drafts.

June 30, 2022

From the archives: How purpose can play a bigger role in business

An author and Harvard Business School professor explains why companies should have a larger role in society than providing shareholder value in this podcast episode with transcript.

June 2, 2022

5 trends driving the importance of understanding ESG

The AICPA’s Ami Beers, CPA, CGMA, explains the reasons for increased focus on environmental, social, and governance (ESG) issues.

May 27, 2022

FASB to explore rules on accounting for ESG credits

The FASB said last week that it will explore new rules regarding the accounting for financial instruments with ESG-linked features and regulatory credits.

May 26, 2022

SEC proposes enhanced disclosures related to ESG

The SEC proposed amendments to rules and reporting forms to promote consistent, comparable and reliable information for investors concerning funds’ and advisers’ incorporation of environmental, social and governance factors.

May 9, 2022

SEC extends comment period on climate-related disclosure proposal

The SEC announced an extension in the public comment period for its proposal on climate-related disclosure requirements.

April 1, 2022

Climate change: What the SEC proposal means for companies, auditors

The SEC’s recently issued climate change disclosure proposal would require companies to embrace a comprehensive, sophisticated approach to climate reporting.

March 21, 2022

New SEC proposal would ramp up climate-change disclosures

Public companies would be required to disclose climate-related risks and financial statement metrics under a much-awaited proposal issued by the SEC.

March 15, 2022

SEC set to discuss staff climate change proposal

The Securities and Exchange Commission will meet Monday to discuss a staff proposal designed to improve and standardize companies’ climate change disclosures for investors.

March 2, 2022

These 10 startups show profession’s focus on innovation, ESG

The AICPA and CPA.com have selected 10 early-stage technology companies to participate in the 2022 Startup Accelerator.

December 1, 2021

ESG offers growth opportunities for 2022

Focus on environmental, social, and governance issues is rising amid investor and regulator interest.

September 14, 2021

How climate risks are reflected in current financial statements

The Center for Audit Quality has published a resource that describes management and auditors’ responsibilities related to climate-related risk reporting.

September 14, 2021

Tips for teaching ESG and sustainability accounting

Having ESG knowledge can set graduates apart. Get students excited about this emerging area of accounting.

August 19, 2021

ESG assurance an elusive but promising opportunity for auditors

Although just 31 of the S&P 500 companies use public company auditors for environmental, social and governance assurance, increased regulation and investor focus may lead to more opportunities for practitioners in the future.

FROM THIS MONTH'S ISSUE

AI risks CPAs should know

Are you ready for the AI revolution in accounting? This JofA Technology Q&A article explores the top risks CPAs face—from hallucinations to deepfakes—and ways to mitigate them.