E-learning modules bring clarity to the
complexity of the European Sustainability Reporting Standards
(ESRS), pivotal to companies reporting under the European
Union's Corporate Sustainability Reporting Directive (CSRD)
WARSAW, Poland, May 15, 2024 /PRNewswire/ -- The worldwide leader
on public and management accounting issues, AICPA & CIMA,
together as the Association of International Certified Professional
Accountants, and one of the world's largest professional services
networks, PwC, are jointly offering a new e-learning course:
Introduction to the European Sustainability Reporting
Standards.
The NASBA compliant* training provides a comprehensive overview
of the mandatory EU sustainability reporting standards and their
application.
The initial learning path includes three modules:
- Introduction to cross-cutting standards (ESRS 1 and ESRS
2)
- Introduction to environmental standards (ESRS E1–E5)
- Introduction to social and governance standards (ESRS S1–S4 and
G1)
"We believe that knowledge on sustainability reporting,
particularly on the requirements in Europe, will be essential for finance
professionals within and outside of the European Union. PwC is
proud to provide upskilling on this crucial topic – sharing
insights and contributing to the increase of knowledge in this
crucial new frontier in corporate reporting," said Gabor Balazs,
Corporate Reporting Services Partner, PwC Central and Eastern Europe.
"We're pleased to join forces with PwC in offering this timely
training course given the EU sustainability reporting standards
came into effect on 1 January 2024**.
Our members play a key role in sustainability implementation,
measurement, reporting, and assurance; providing tools and
resources for their broad upskilling is one of our highest
priorities," said Jeremy Osborn,
AICPA & CIMA's Global Head of ESG. "This collaboration
underscores AICPA & CIMA's ongoing commitment to fostering high
quality and trusted sustainability accounting and reporting, as
well as our support for consistent and comparable reporting
standards. We believe that through this cooperation with PwC,
public accountants and management accountants will gain the tools
and knowledge to make businesses more sustainable and socially
responsible, serving the public interest by instilling trust and
integrity in sustainability disclosures."
The jointly offered e-learning, available globally, is suitable
for accounting and finance professionals seeking to understand the
EU sustainability reporting standards. Upon completion of this
2.5-hour training, participants will be issued with a co-branded
certificate of completion. For pricing and further details on the
Introduction to the European Sustainability Reporting Standards,
visit the course homepage. For an array of AICPA & CIMA
resources on sustainability and ESG, visit aicpa-cima.com/esg.
Notes to editor
* Attendees can earn 3.5 Continuing Professional Education (CPE)
credits.
** First-time application (as defined by the CSRD) varies, starting
from the fiscal year 2024 (reporting in 2025). Determining when a
company needs to start reporting depends on different factors
including its size, whether it is listed or not, and whether the
parent entity is EU-based. To find out more, check AICPA & CIMA
CSRD and ESRS summary report created as part of a series of
briefs exploring the topic of sustainability, business, and the key
role that finance professionals can play in long-term value
creation.
About AICPA & CIMA, together as the Association of
International Certified Professional Accountants
AICPA® & CIMA®, together as the
Association of International Certified Professional Accountants
(the Association), advance the global accounting and finance
profession through our work on behalf of 597,000 AICPA and CIMA
members, candidates and registrants in 188 countries and
territories. Together, we are the worldwide leader on public and
management accounting issues through advocacy, support for the CPA
license, the CGMA designation and specialised credentials,
professional development and thought leadership. We build trust by
empowering our members, candidates and registrants with the
knowledge and opportunities to be leaders in broadening prosperity
for a more inclusive, sustainable and resilient future.
About PwC
At PwC, our purpose is to build trust in society and solve
important problems. We're a network of firms in 151 countries with
over 360,000 people who are committed to delivering quality in
assurance, advisory and tax services. Find out more and tell us
what matters to you by visiting us at www.pwc.com.
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