Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
As climate-related risks continue to shape business models, financial performance, and stakeholder expectations, CPAs play a critical role in ensuring these impacts are appropriately reflected in financial reporting and audit processes. This practical and interactive session—delivered by Sarah Keyes and Scott Morrison, Partners in PwC Canada’s Sustainability practice—will demystify how climate considerations intersect with accounting standards, governance, internal controls, audit evidence, and professional judgment.
Drawing on CPA Ontario’s Sustainability Simplified concepts, the session will translate emerging regulatory expectations and market trends into clear, actionable steps for finance, controllership, and audit professionals. Participants will learn how to apply a climate lens when preparing or auditing financial statements, assess material climate-related risks, and strengthen the connection between sustainability and financial reporting.
Topics Include:
- A clear framework for integrating climate considerations into financial reporting.
- Practical examples of climate related impacts on accounting estimates, impairment testing, and risk assessments.
- Insights on emerging expectations from regulators, investors, and standard setters.
- Resources from CPA Ontario’s Sustainability Simplified that supports CPAs sustainability journey.
Visit Sustainability Simpified to stay current on the changing standards and regulations.
Key Takeaways
By the end of this session, participants will be able to:
- Understand how climate-related risks and opportunities can impact financial statements under current Canadian standards.
- Identify the key questions CPAs should ask when applying a climate lens to financial reporting and audit procedures.
- Recognize the link between sustainability disclosures and financial statement assertions.
- Evaluate organizational readiness, governance, and internal controls to support climate related judgments and estimates.
- Apply practical approaches to enhance transparency, consistency, and auditability of climate related impacts.
Who Will Benefit
This course will benefit:
- CPAs involved in financial reporting, controllership, and preparation of financial statements.
- Audit professionals evaluating climate related risks and assessing audit evidence.
- Finance leaders seeking to improve the consistency and reliability of climate related information across the organization.
- Professionals responsible for governance, risk management, and internal controls related to sustainability and financial reporting.
How to Access the Course
This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.
If available, course materials can be accessed 2 business days prior to the course and should be downloaded in advance.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
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Sarah Keyes, FCPA, FCA, is CEO at ESG Global Advisors and an ESG and climate change expert with over a decade of work experience as a thought leader, consultant, facilitator, and auditor. She regularly presents to Executive teams and Boards of Directors on the link between ESG and climate change with financial and operational performance and long-term value. Sarah helps her clients establish ESG and climate change strategies that align with strategic priorities, enabling effective integration with existing risk and strategy processes. |
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Scott Morrison, CPA, CA, Partner, Sustainability Reporting and Assurance, PwC Canada, has gained a wealth of knowledge on sustainability risks and opportunities affecting businesses. As a Partner in PwC’s Sustainability Reporting & Assurance practice, he brings practical solutions in helping his clients navigate this evolving space. Scott’s wide-range of experience includes expertise in GHG emissions, IFRS Sustainability Standards, CSRD, TCFD, Scope 3, and sustainable finance. In addition, Scott has led a variety of engagements involving reporting system implementation, providing both advice and readiness assessments. |
