Overview of IFRS S1 and S2 and their requirements. Discover the New Sustainability Disclosure Standards and Gain Insight into Global Sustainability Reporting Frameworks
In June 2023, the IFRS issued two new reporting standards. These are the sustainability disclosure standards IFRS S1 and S2, which come into force from January 2024 for corporate reports from 2025.
Climate change brings risks to organizations and the economy, but it also holds opportunities. In response to these issues, the International Financial Reporting Standards Foundation set up the International Sustainability Standards Board in November 2021 to develop “sustainability-related disclosure standards that provide investors and other capital market participants with information about companies’ sustainability-related risks and opportunities to help them make informed decisions.” The result of this work is the two new sustainability disclosure standards IFRS S1 and S2.
These new standards fit within a wider context of sustainability reporting standards, including emerging models in the European Union, United Kingdom, Australia, Canada, and the United States.
This course provides an overview of IFRS S1 and S2 and their requirements, as well as an insight into the broader framework of sustainability reporting standards in the key jurisdictions of the European Union, United Kingdom, Australia, Canada, and the United States.
The course also discusses the sustainability KPIs that organizations are beginning to implement. The course will help you prepare for reporting if your organization is covered by the requirements, and it will help develop expertise in the emerging field of sustainability analysis and reporting.
Business author and consultant, specialising in performance measurement and improvement
I am a Fellow of the Chartered Institute of Management Accountants in the UK and work as an author of business courses and a process improvement consultant. I have over 30 years' experience and live near Stirling in Scotland, with my wife, daughter and Cocker Spaniel. I aim to make my courses accessible and understandable. My courses focus on business topics including KPIs, performance measurement, approaches to business improvement, Agile and Lean. I hope you enjoy my courses.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
