14 February 2024 | Hybrid | The Role of Carbon Accounting | By Dr. Qingliang Tang, Professor of Accounting WSU
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Please note that we are changing our meeting dates to Wednesday of every second and fourth week of the month.
In Person at CPA NSW Office or Online via Zoom
We encourage our members to attend this meeting in person, a light refreshment will be provided for in person attendance. Please refer to your newsletter for the in-person registration process.
TOPIC: The Role of Carbon Accounting
Managing the transition from voluntary to mandatory climate disclosure: the role of carbon accounting
Climate and sustainability disclosure has remained critical in the business community since the Kyoto Protocol and the 2015 Paris Climate Agreement. The forthcoming adoption of a set of standards, namely, the IFRS/ISSB Standards for sustainability and climate-related disclosure is a strong indicator that the disclosure will be becoming mandatory, and the underlying reports will be part of the mainstream financial reporting of companies (ISSB 2022).
The required sustainability and climate reports are expected to be released at the same time with financial statements (e.g. balance sheet, income statement, and carbon flow statement). In line with the UN sustainability mandate, this emerging reporting framework sets out a standardized approach to report on general sustainability and specific climate-related matters.
Overall, the disclosure will reflect the reporting entity’s sustainability development and its contributions to climate change. Stakeholders will have access to more consistent and reliable information about the company’s exposure to climate risks and opportunities and their commitment to the green transformation toward a net zero business model.
However, the implementation of the new set of accounting standards is not without difficulties and challenges. This presentation will focus on climate-related disclosure by companies and how carbon accounting can help the enforcement of climate disclosure standards.
Keywords: Climate change, carbon accounting, sustainability-related disclosure, climate-related disclosure, IFRS/ISSB standards for sustainability and climate disclosure
SPEAKER: Dr. Qingliang Tang | Professor of Accounting | School of Business, Western Sydney University (WSU)
Dr. Qingliang Tang is a distinguished academic and researcher in the field of accounting, with a profound expertise in carbon accounting, reporting, and management. Dr. Tang was known as a pioneering researcher in carbon accounting and has done the fundamental work to build the landscape of carbon accounting research.
At WSU, Dr. Tang leads the Carbon Accounting & Sustainability Research Group (CASR), an internationally renowned team that spearheads cutting-edge research in carbon accounting. Currently, he serves as a highly esteemed Professor of Accounting at the prestigious School of Business, Western Sydney University (WSU) in Australia.
Dr. Tang has authored over 90 publications in leading international accounting and business journals. His work is highly cited in academic literature, making him one of the most influential authors in business journals. He holds an impressive educational background, including a Bachelor’s and master’s in economics from Shanghai University of Finance and Economics, and a PhD from the University of Glasgow. Prior to his academic tenure, Dr. Tang gained valuable industry experience by working in a commercial organization and serving as a professional accountant in a Big Four accounting firm.
Beyond his expertise in carbon accounting, Dr. Tang is also a pioneering researcher in corporate water management and reporting. His passion for nurturing the next generation of scholars with his continued efforts and dedication drives positive change in carbon accounting and reporting and leaves an indelible influence on academia, business, and the environment.
Continuing Professional Development Point (CPD Point)
- This event will account for up to a maximum of one (1) CPD Point per session.
- A completion certificate will be issued via LMS after the event for attendances who check in with our staff and you have attended the session for more than thirty-five (35) minutes. We are unable to issue a certificate unless we have a record of your attendance.
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- You may wish to update your profile with us to include your CPA Membership number which we will report to CPA Australia accordingly.
- You should only claim for the attended hours only.
Attend via Zoom Webinar
- Our webinar will be provided via Zoom’s online Webinar platform in addition to the face-to-face meeting.
- You can listen to the webinar either via internet audio or phone dial-in. If you dial in via phone, please email us your details and phone number for attendance records.
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- Any questions, please email us or reach us at citytaxation.com.au.
- We may not be able to resolve or attend to your needs during the webinar, but we will attempt to relay any questions to the presenter as soon as practicable.
Attend in person at CPA Australia Office
- Location: Level 3 111 Harrington Street Sydney New South Wales 2000
- Covid Safe Plan: refer to the CPA Australia Sydney Office’s COVIDSafe plansÂ
- If you wish to obtain a zoom link just in case, please email us at [email protected].
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114 Feb 241.2 hrs
We note that our live Zoom webinar has been completed.
Please refer to the recordings.
Please note that some videos may be large in file size and may cause the video player to take some time to load. We have attempted to reduce the file size as much as possible.
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