Climate change

Accounting groups released a playbook Wednesday to help accountants and their SMB clients reach their sustainability goals.

Some countries are already taxing greenhouse gas emissions, but the U.S. is not likely to follow suit anytime soon.

A U.K. Treasury report that almost ignores the long-term costs of not reducing emissions highlights the need to account for the environment.

Most boardroom audit committees around the world don’t discuss climate on a regular basis or consider themselves particularly knowledgeable about the subject.

The foundation aims to combine the organizations by June 2022.

The accounting profession is increasing its involvement with sustainability issues as the United Nations hosts world leaders at its COP26 climate change conference in Glasgow, Scotland.

The Top Eight firm has signed onto the Science Based Targets initiative to ensure its carbon-reduction goals meet scientific recommendations on climate change by 2030.

Accounting standards, measurements of risk and return and thematic-driven strategies have all been refined and improved in recent years.

The Internal Revenue Service has been extending tax relief to Americans affected by natural disasters like hurricanes and wildfires, but recent legislation could make it easier to qualify for federal tax relief.

Corporate board members may finally be ready to embrace environmental, social and governance reporting by their finance teams.

The Sustainable Business Management Global Task Force will speak about sustainability issues on behalf of the management accounting profession, accountants and finance professionals.

The Big Four firm outlined a three-year agenda focused on improving environmental, social and governance issues, training and resources for staff and clients alike.

The foundation is mulling changes in how it uses the term “materiality” to avoid legal and regulatory conflicts for companies disclosing their sustainability efforts.

Financial professionals are confronting some big obstacles when it comes to environmental, social and governance reporting, according to a new survey, including competing and sometimes conflicting disclosure frameworks, reporting methodologies and stakeholder demands.

The Big Four firm has released a new report on climate-associated financial risks for them to consider.

The groups are marking Climate Week in New York City by urging accountants to get more involved in climate information reporting.

The Big Four firm is broadening its array of services to help clients deal with growing demands for sustainability and climate risk reporting and assurance.

The Center for Audit Quality released a report on the current requirements for public company auditors regarding climate-related reporting.

Comparing your fees; auditing climate goals; new marketing blog; and other highlights from our favorite tax bloggers.

We need to measure the amounts of greenhouse gases that are emitted and removed from the atmosphere, and get them to 'net zero.'