2024 MSCPA Annual Convention: Details

ESG 101: What is Environmental, Social and Governance?

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Wednesday, December 11, 2024 @ 8:00am 10:00am
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Description

The newest acronym in the business community is ESG (Environmental, Social and Governance)

  • Investors’ demand enhanced information about how companies are approaching environmental sustainability. (Sustainability accounting)
  • The foundation of sustainability reporting is for an organization to identify and prioritize its impacts on the economy, environment, and people - to be transparent about their impacts

The foundation of sustainability reporting is for an organization to identify and prioritize its impacts on the economy, environment, and people - to be transparent about their impacts

This session is an introduction to the topic of ESG and what accountants and management should know

Prerequisites

None

Highlights

  • Environmental, Social and Governance concepts in today’s world
  • Areas of accountability for ESG
  • How ESG impacts Financial Reporting

Objectives

  • Identify and evaluate the concepts involved in ESG
  • Discover and determine responsibilities of accountants, management, and the board
  • Explore and examine various accounting considerations
  • Identify and consider impacts on financial reporting and DCP

Preparation

None

Credits

Category Amount
General 2.00