Accounting for rising sea levels and other uncertain effects of climate change present significant new challenges to companies and accountants, says Dr Michael Willis, Director of the Master of Accounting (MAcc) programme at Cambridge Judge Business School. “We can see the advantages in giving companies and investors time to adapt and develop how they report on climate risks and opportunities. But only if reporting is mandatory are we likely to see comprehensive and comparable climate risk disclosures.”
Read the full article [businessweekly.co.uk]
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