Reporting climate change under FRS 102
Anna Malcolm considers how UK GAAP reporters should account for and disclose the effects of climate change under FRS 102.
Many UK GAAP preparers will be subject to the requirement in UK company law to prepare a strategic report, although much of the forward-looking content is required only of quoted companies, many of which will not be UK GAAP preparers. However, the strategic reports of UK preparers must give a description of the principal risks and uncertainties facing the company, which would include the risks of climate change, if these are material to the business.
Continue reading
This content is not freely available. To access 'Reporting climate change under FRS 102' you need to be one of the following:
-
ACA student
-
This content is available to ACA students. If you want to start the ACA qualification there are several routes you can take
-
Business and Finance Professional
-
An internationally recognised designation and professional status from the ICAEW.
-
Corporate Reporting Faculty
-
Guiding you through the maze of new and emerging reporting requirements, ensuring you are always one step ahead..
-
ICAEW member
-
Gain access to world-leading information resources, guidance and local networks. 98% of the best global brands rely on ICAEW chartered accountants.