The Center for Audit Quality (CAQ) last week released a report discussing current requirements for public company auditors regarding climate-related disclosures. The publication’s goal is to provide an understanding of how company management and their auditors apply current U.S. accounting and auditing requirements for financial statements related to climate-related risks.
Demand for environmental, social, and governance (ESG) reporting is high, and investors and others using climate-related information to make decisions can benefit from a better understanding of today’s requirements as they wait for additional regulatory decisions about disclosures.
