Climate change and financial statements

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Auditors increasingly want to take into account how climate threats this sort of as climate functions, and the challenges of transitioning to internet-zero, might have an affect on economical statements. Lesley Meall shares some critical feelings and suggestions from auditors, regulators, common-setters and ICAEW.&#13

We have all carried out our little bit to add to weather adjust, and we should all do our bit to curtail it. Fortunately, a lot of accountants are capable to make a big difference both personally and professionally. “As dependable advisers to all kinds of firms, we are well put to travel the sustainability agenda and convert the ambition of a lower-carbon world into a actuality,” suggests ICAEW’s CEO Michael Izza.

ICAEW has been actively pursuing this ambition for some years by having a guide on its journey to carbon neutrality collaborating on initiatives this kind of as the Specialist Bodies Climate Motion Constitution and delivering members with a expert ‘Climate Hub’ of means, data and inspiration.

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