Financial Reporting Alert 21-1, Financial reporting considerations related to environmental events and activities

Published on: 30 Sep 2021

This Financial Reporting Alert examines certain potential impacts of environmental, social, and governance (ESG) matters on an entity’s financial accounting and reporting in the context of the existing accounting guidance and current regulatory environment.

Given the increased interest in climate-related matters, many entities are developing business strategies designed to address the evolving ESG landscape. In doing so, they will also need to incorporate ESG considerations when preparing their financial statements and ensure that any plans or commitments related to environmental initiatives are considered in a consistent manner for both sustainability reporting and the preparation of the financial statements.


Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.