The following links are presented for educational purposes in support of the TXCPA Accounting Education Conference presentation entitled ESG / Sustainability in Accounting on October 27, 2023.
Topic Outline
1. Historical Background And Theoretical Frameworks
(1a) Themes: The Triple Bottom Line (Profits, Planet, People) + Governance
(1b) Client Base: Global, National, Corporate, Community, Personal
(1c) Capstone: Financial, Managerial / AIS, Tax, Assurance, Regulation
2. Organizations and Stakeholders
(2a) Accounting Standards: GRI, SASB, UN SDGs, TCFD, IPIECA
(2b) Corporate ESG Reports: Energy, Freight / Transport, Human Services
(2c) Investment Community: Rating Agencies, Investment Funds, Carbon Markets
3. The Oversight Function
(3a) USA: AICPA, SEC, COSO
(3b) EU: CSRD, CSDD, ETS, IFRS
(3c) Public Accounting: Assurance Reports, Data Systems, Supply / Value Chain Analyses
4. Experiential, Interactive, Game-Oriented “Real World” Applications
(4a) Save The Blue Frog!
(4b) Feed The Pig!
(4c) Build-A-Business
Cross Referencing To Learning Goals And Educational Standards
Course Grades
75% Traditional Learning (1abc, 2abc, 3abc)
25% Active Learning (4abc)
Academic Standards
AACSB Curriculum
... content that is current, relevant, forward-looking, globally oriented ... fosters experiential learning ... promoting positive societal impact ...
AICPA Uniform CPA Exam Blueprints
BAR: Recall how the COSO ERM framework can be applied to identify, respond to, and report environmental, social and governance (ESG) related risks.
TSBPA
To be determined …
Presentation Links
(1a) JP Morgan Chase Origins: https://www.jpmorganchase.com/about/our-history
(1a) Nellie Bly: https://www.womenshistory.org/education-resources/biographies/nellie-bly-0
(1a) The Triple Bottom Line: https://online.hbs.edu/blog/post/what-is-the-triple-bottom-line
(2a) Global Reporting Initiative: https://globalreporting.org/
(2a) Sustainability Accounting Standards Board: https://sasb.org/
(2a) United Nations Sustainable Development Goals: https://sdgs.un.org/
(2a) IFRS: https://www.ifrs.org/news-and-events/news/2023/06/issb-issues-ifrs-s1-ifrs-s2/
(2a) Task force on Climate-related Financial Disclosures: https://www.fsb-tcfd.org/
(2a) Intl. Petroleum Industry Environmental Conservation Association: https://www.ipieca.org/
(2b) https://corporate.exxonmobil.com/news/reporting-and-publications/sustainability-report
(2b) https://www.chevron.com/sustainability
(2b) https://ir.doordash.com/governance/ESG-Resources/default.aspx
(2b) https://sustainability.uhg.com/
(2b) https://www.cvshealth.com/impact/esg-reports/annual-report.html
(2c) Sustainalytics: https://www.sustainalytics.com/
(2c) S&P 500 ESG ETF: https://www.spglobal.com/spdji/en/indices/esg/sp-500-esg-index
(2c) EU Emissions Trading System (ETS): https://climate.ec.europa.eu/eu-action/eu-emissions-trading-system-eu-ets_en
(3a) AICPA: https://us.aicpa.org/interestareas/businessindustryandgovernment/resources/sustainability
(3a) SEC: https://www.sec.gov/securities-topics/climate-esg
(3a) COSO: https://www.coso.org/guidance-erm
(3b) CSRD: https://finance.ec.europa.eu/capital-markets-union-and-financial-markets/company-reporting-and-auditing/company-reporting/corporate-sustainability-reporting_en
(3b) CSDD: https://commission.europa.eu/business-economy-euro/doing-business-eu/corporate-sustainability-due-diligence_en
(3c) Assurance Reports (see Other Documents)
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The following links are presented for educational purposes in support of the TXCPA Accounting Education Conference presentation entitled Save The Blue Frog! A Game Playing Approach To Experiential Learning on October 28, 2023.
Game Introduction
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Other Documents