Environmental, social, and governance (ESG) has become an area of increasing focus. ESG reporting includes a broad spectrum of quantitative and qualitative information. Interested parties seek to understand the effects of relevant ESG matters on an entity’s business strategy, cash flows, financial position, and financial performance. This course will focus on the impact of ESG-related matters on the fair preparation of financial statements and related disclosures, and the related financial statement audit considerations.
Course ID: TIESG
The Impact of Environmental, Social, and Governance (ESG)- Related Matters on Financial Statements and Audits
Learning Objectives
• Recall the increasing importance of environmental, social, and governance matters to financial statements and annual reports.
• Identify audit risks and considerations in a financial statement audit related to these matters.
Major Topics
• Evolving guidance from the AICPA and other stand-setters related to environmental, social, and governance matters
• Risks of material misstatement in financial statements and related disclosures emerging from environmental, social, and governance matters
Who Should Attend
Anyone responsible for preparing or attesting upon financial statements
Fields of Study
AccountingPrerequisites
None