This online training is being delivered live in two 4-hour sessions which run from 13:00 – 17:00 London (UK).
You can learn more about our virtual, online courses and how they work on our course FAQ page. Or view our Virtual Classroom schedule to see what else is being delivered live in our online classrooms. If you don’t see the Public Financial Management training topic, you are looking for, or if you would like an online classroom in another time zone, please tell us.
Climate change poses a significant risk to the world and its economy. Most industries have been, or are likely to be, affected and need to manage its impact. Investors are increasingly emphasising the importance of ESG (Environmental, Social and Governance) factors, particularly climate-related risk, when making investment decisions. Furthermore, regulators and governmental bodies are ever more focusing on the impact of climate change on financial reporting.
“IFRS Standards do not refer explicitly to climate‑related matters. However, companies must consider climate‑related matters in applying IFRS Standards when the effect of those matters is material in the context of the financial statements taken as a whole.” - IFRS Foundation
This course will explain how companies should consider climate-related matters in applying International Financial Reporting Standards (IFRS) and help them decide how to reflect these matters in their financial reports. It provides an introduction to a topic that is rapidly gaining importance, and will significantly impact financial statements in both the short and longer terms. We will also look into the future for accountants, financial reporting and environmental and social disclosures.