[SFGW-SR] Accounting, Finance and Governance Fundamentals in Sustainability Reporting (Part of SCTP)
About This Course
This course forms part of a stackable learning pathway under [SFGW-SR] (SCTP) Advanced Professional Certificate in Sustainability Reporting and AI Analytics (Eligible for Part-Time TA). It covers the following topics from ACRA’s Sustainability Reporting Body of Knowledge (SR BOK):
Topic 5 - The Importance of Governance in Sustainability Reporting, and the Value and Business Case for Sustainability Reporting (Beyond Reporting and Compliance)
5.1 - What is good governance and how it helps in the oversight of sustainability reporting process
5.2 - Creating value through reporting and making disclosures matter – meeting stakeholders’ needs
This course/module provides a foundational understanding of how accounting and capital investment principles support climate disclosures and sustainability reporting. It equips learners with the foundational skill to relate the effects of sustainability-related risks and opportunities on the entity’s cash flows, its access to finance and cost of capital. It also equips learners with the foundational skill to relate climate mitigation strategies and capital investment to the financial information for effective planning, decision-making, and accountability.
The financial accounting segment focuses on interpreting financial statements required for sustainability-related financial information disclosures to strengthen transparency and stakeholder communication. The capital investment segment emphasises how project evaluation and financing techniques can be applied to assess sustainability initiatives, determine project viability, and manage performance in alignment with organisational objectives. The governance segment will explore the roles of directors, management, and key stakeholders in strengthening governance best practices within the sustainability process, with a focus on enhancing transparency, accountability, and creating value through meaningful disclosures.
What You'll Learn
1) Prepare and interpret basic financial statements in accordance with accounting principles and explain how these statements reflect an organisation’s financial position and performance.
2) Assess how sustainability-related risks and opportunities affect an entity’s cash flows, access to finance and cost of capital
3) Evaluate how climate mitigation strategies and capital investments influence financial information to support effective planning, decision-making and accountability
4) Explain effective governance in sustainability reporting process to enhance transparency, accountability and stakeholder trust.
Entry Requirements
Though there are no formal academic requirements, professionals with 5 or more years of working experience or preferably with some basic accounting knowledge, will be able to better appreciate the contents of this programme.