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2023: ESG – how should the financial statements reflect sustainability?

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Virtual
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Financial reporting
Jan
1
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Dec
31
Sun
09:30
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PM
12:30GMT
Description
Gain a practical understanding of how to reflect ESG principles in financial reporting for your organisation.
Please choose from the dates below to view more details.
2023: ESG – how should the financial statements reflect sustainability?
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  • Virtual classroom
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  • Team training

ESG – how should the financial statements reflect sustainability?

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Environmental, Social and Governance (ESG) concerns are being discussed in the media and in boardrooms. ESG information and opinion is communicated to business on a daily basis. The challenge, as a finance professional, is to identify the key information you need to know, and to understand how these important ESG issues are represented in the financial statements. The impact is on disclosures, both qualitative and quantitative, but there are also changes to the numbers themselves.

In this interactive course, we will offer you a targeted guide to the fundamental ESG concepts that you need to know as a professional business adviser. We will look at numerical and qualitative examples and we will discuss how what you learn can be implemented in your own organisation.

Learning outcomes:

  • Understand the key elements of ESG; risks and opportunities
  • Interpret how current UK legislation is relevant to your organisation’s financial reporting.
  • Understand the impact of ESG on the numbers in the primary financial statements.
  • Discuss future changes to financial reporting and how you can plan for these.

CPD hours

ICAEW’s CPD Regulations are changing. From 1 November 2023, members and other professionals regulated by ICAEW will need to complete a minimum number of hours’ CPD per year, some of which will need to be verifiable. Attending events like this could contribute to six hours of verifiable CPD, so long as you can demonstrate that the content is relevant to your role.

Who should attend?

Aimed at finance professionals working in industry or practice who wish to gain a practical understanding of how ESG will impact the financial statements of their or their client’s organisation. You will attend a targeted and informative course to guide you through the essentials.

Course enquiries

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Agenda

This course will cover:

  1. Introduction to ESG and Sustainability including risks and opportunities for business
  2. Current UK legislation and its application
  3. Real-life examples
  4. How numbers in the financial statements are affected/span>
  5. Task Force on Climate-related Financial Disclosures (TCFD) implementation in 2022
  6. International Sustainability Standards Board (ISSB) progress

This course is for: Business Leaders

Capability Framework 4

 

 

What is a virtual classroom?

A virtual classroom provides the same great learning experience as other ICAEW training, except one difference, you can learn from your desk.

Being delivered online makes it so much easier to access in a busy working week and would definitively recommend this type of training. The breakout rooms work really well to allow you to get to know the other participants and share experiences.

Virtual classroom delegate

The focus is on the learner and creating an enriching classroom experience that connects participants globally. Using video, learners can converse and interact with the trainer and other learners in real-time. Whiteboards, break-out sessions, polls, screen-sharing, and interactive Q&A create an immersive learning experience.

I think the virtual training format using Zoom, and the survey features, and break out rooms, really works great. I had no problems engaging with the facilitator and felt he listened to what we said, and kept the pace of the content moving steadily.

Virtual classroom delegate

Secure your place now and keep your skills and knowledge up-to-date.

How do I attend a virtual classroom?

Once you've booked your session, you will receive an email with your booking confirmation. The steps you will need to follow to attend your virtual classroom will arrive in a separate email closer to the date of your course.

David Potts

David qualified as a Chartered Accountant in 1987 with a six partner firm based in St Albans, and went on to become an audit manager with BDO. David is particularly interested in the practical application of regulations and how they should be applied to day to day situations; and how they impact on business system planning and control. His training is designed to be practical, relevant to the attendees needs and interactive with many case studies and real life examples.  

 

Rate Price
ICAEW Member £395 + VAT
Non-Member £595 + VAT

 

Our public course programme is deliberately structured to encourage delegates from different organisations to participate. However, if you have six or more delegates who require development in the same area, we are able to run a more cost-effective and much wider range of courses tailored specifically to your organisation.

Organisations will have the choice to run our in-house courses online or in-person. 

These are ideal for organisations seeking hassle-free, flexible and cost-effective training delivered to multiple delegates at your location of choice. Whether we use our existing materials or develop new content for your business, our expertise lies in translating your requirements into a pragmatic, interactive training programme highly relevant to your people and organisation.

To discuss in-house training for your business please email academy@icaew.com or contact us through our enquiry form

 

 

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