As climate reporting and assurance requirements expand, what should preparers and auditors be getting ready for?
Group 1 entities are entering their second year, with broader reporting requirements and an increasing scope of assurance.
Group 2 entities face their first sustainability report, with systems, processes and supporting evidence that may still be taking shape.
This session will help preparers prioritise their next steps and auditors identify what needs to be assured, where significant judgements arise and where risks are most likely to arise.
This GAAPinar will discuss:
- Lessons from the first year of Group 1 reporting
- Group 1 Year 2 – the expanded reporting requirements and the increasing scope of assurance
- Group 2 first-time reporting – what AASB S2 requires, which disclosures are subject to limited assurance and how to assess readiness
- Treasury’s climate-related transition planning guidance and its practical implications
- Proposed reforms to climate-related financial disclosures and what they could mean for reporting entities
- The latest Q&A on audit partners and sustainability assurance leader rotation requirements and the implications for assurance practices
