Preparation for The Fundamentals of Sustainability Accounting (FSA) Credential: Level I
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Introduction
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The Fundamentals of Sustainability Accounting (FSA) Credential: Level I is a foundational certification for professionals seeking to understand the intersection of sustainability and finance. Administered by the Sustainability Accounting Standards Board (SASB), this credential equips participants with essential skills to evaluate how sustainability factors impact financial performance and risk. Achieving the Level I credential demonstrates a solid grasp of core sustainability accounting concepts, such as materiality and regulatory disclosure standards. This knowledge is crucial for accurately analyzing the financial implications of environmental, social, and governance (ESG) factors in today's market.
Preparation for the FSA Credential: Level I in this course focuses on practical skills to support investor-focused sustainability disclosures, which are increasingly vital in capital markets. Through deep training, participants learn to apply IFRS Sustainability Disclosure Standards and ISSB guidelines, enhancing their ability to meet the rising demand for transparent, decision-useful reporting. Whether in finance, corporate governance, or sustainability roles, professionals gain valuable insights that align their organizations with best practices, contributing to both improved financial analysis and sustainable business practices.
Course Outline
The Need for Sustainability Disclosure Standards
- Introduction to FSA curriculum outlines
- Defining key terms and concepts related to sustainability accounting
- Recognizing the increasing demand for sustainability information
- Reviewing the historical basis of disclosure
- Understanding the materiality principle for disclosure and its characteristics
- Discussing the limitations of financial disclosure:
- The use of non-GAAP
- The changing nature of market value
- The scope of financial reporting expands
- New tools for investors