Commentary: Climate-Related Risks Disclosures in the Notes to Financial Statements: Descriptive Evidence from Australia

IF 3.1 3区 管理学 Q2 BUSINESS, FINANCE
Ao Li, Eric C.T. Lee
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引用次数: 1

Abstract

This paper aims to provide background information about the International Accounting Standards Board's Climate-Related Risks in the Financial Statements project. Further, we provide some observations of related disclosures in the notes to the 2022 financial statements of the top 75 Australian Securities Exchange-listed entities. Overall, we find that there has been improvement in the disclosures and considerations of climate-related risks in the financial statements in recent years. However, the disclosures appear to be generic, which may not meet the needs of financial statement users. We suggest that further research is needed to provide evidence about how such risks are considered and disclosed in the financial statements and whether such information meets user needs. Evidence will help standard setters to consider appropriate action, such as providing educational material or amending the Accounting Standards, to enhance the quality of financial reporting.

评论:财务报表附注中的气候相关风险披露:来自澳大利亚的描述性证据
本文旨在提供有关国际会计准则理事会在财务报表项目中的气候相关风险的背景信息。此外,我们对澳大利亚证券交易所前75家上市实体的2022年财务报表附注中的相关披露提供了一些观察。总体而言,我们发现近年来财务报表中气候相关风险的披露和考虑有所改善。然而,这些披露似乎是通用的,这可能不符合财务报表使用者的需要。我们建议需要进一步的研究来提供证据,证明这些风险是如何在财务报表中被考虑和披露的,以及这些信息是否符合使用者的需求。证据将有助于标准制定者考虑采取适当行动,例如提供教育材料或修订会计准则,以提高财务报告的质量。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Australian Accounting Review
Australian Accounting Review BUSINESS, FINANCE-
CiteScore
6.30
自引率
17.60%
发文量
31
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