ESG Assurance and Advisory Services: What Accounting Firms Need to Know
Release Date: 12/13/2022
Insightful, a PICPA Podcast
“Within the next 10 years, if you’re not engaged in this, you’re probably not going to have a very successful, thriving, or resilient business.” “What we are seeing is that companies of all sizes will have exposure.” Protesters are targeting massive, big-name corporations over what they feel is a lack of proper attention to environmental, social, and governance (ESG) issues. As PICPA Insights recently revealed, companies and organizations of all sizes have exposure to ESG factors. Alyssa Rade, chief sustainability officer at Sustain.Life, and Sarah Bratton Hughes,...
info_outline ESG Assurance and Advisory Services: What Accounting Firms Need to KnowInsightful, a PICPA Podcast
While ESG factors are primarily nonfinancial concepts, accounting firms can support companies and organizations of all sizes on their ESG reporting journey. Many already are and how they are doing it may seem familiar. Donny Shimamoto, CPA, founder and managing director of IntrapriseTechKnowlogies, and Ami Beers, senior director of assurance and advisory innovation at the AICPA, explore the opportunities and challenges to consider when incorporating ESG assurance and advisory into a firm's business model.
info_outline The Impact of ESG Reporting and Assurance on Small and Midsize Accounting FirmsInsightful, a PICPA Podcast
Our first episode of Insightful explores how environmental, social, and governance (ESG) factors will impact the exposure of small and midsize accounting firm clients. We go inside with Christopher Tower of BDO and Charles Waring of EisnerAmper to determine the far-reaching impacts of ESG factors. Insights surveyed membership almost two months after the August 2022 release of the white paper and discovered that – of the respondents – there is still a strong lack of knowledge of ESG concepts, standard-setters, and proposed regulations.
info_outlineWhile ESG factors are primarily nonfinancial concepts, accounting firms can support companies and organizations of all sizes on their ESG reporting journey. Many already are and how they are doing it may seem familiar. Donny Shimamoto, CPA, founder and managing director of IntrapriseTechKnowlogies, and Ami Beers, senior director of assurance and advisory innovation at the AICPA, explore the opportunities and challenges to consider when incorporating ESG assurance and advisory into a firm's business model.