Climate and sustainability reporting challenges: Auditors’ perspectives

Environmental, social, and governance (ESG) reporting is one of the most significant emerging issues affecting financial reporting and the accounting profession.

At the annual AICPA CIMA Conference on Current Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board developments in December, a panel of partners from the top accounting firms shared perspectives about the state of sustainability reporting and the impact on auditors and their clients.

Changes for auditors

As companies face sustainability reporting challenges, accounting firms are fielding increased requests for assistance, along with demands from investors and regulatory bodies for assurance on disclosures.


Reprinted with permission from Compliance Week. Copyright Compliance Week. All rights reserved.
Written by Maria L. Murphy, 2023