Key Climate Change Financial Reporting Considerations - 31 December 2024 by Simplify Climate

As we approach year-end reporting, we are sharing three critical considerations for accountants and practitioners preparing or challenging financial statements ending 31 December 2024.

🚨 Key Highlights:
1️⃣ UK Net Zero Target 2050: Understand the implications of climate-related risks and estimation uncertainties on your business model and financial reporting.

2️⃣ Impairment Reviews: How climate-related factors, like declining demand or regulatory changes, may trigger impairments.

3️⃣ Useful Lives of Assets: Why annual reviews must incorporate the impact of climate change to ensure assumptions remain robust.

📈 Call to Action:
Are you ready to simplify the integration of climate change into your reporting? Transform climate action into a strategic advantage today!

Let’s build resilient and forward-looking financial statements together.

🔔 Don’t forget to like, subscribe, and share for more insights on climate and financial reporting!

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Website and contact: www.simplifyclimate.co.uk | [email protected]

Тэги:

#accounting #sustainability #environment #climate_change #social_impact #reporting #simplify_climate

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