The Impact of ESG Reporting and Assurance on Small and Midsize Accounting Firms
The Impact of ESG Reporting and Assurance on Small and Midsize Accounting Firms
"Clients are looking to their service providers to help them on their journey."
"As an accounting firm, you need to be prepared to support your client's needs."
Our first episode of Insightful explores how environmental, social, and governance (ESG) factors will impact exposure of small and midsize accounting firm clients. We go inside the PICPA Insights: ESG Standards and Reporting white paper 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. In this episode, R. Charles Waring, CPA, ESG Reporting Leader and Partner, Assurance and Technology Control Services, at EisnerAmper and Christopher Tower, CPA, ESG Strategy and Services Leader, with BDO US explain why that trend needs to change.
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