Insightful, a PICPA Podcast: Recent Episodes
PICPA
This series takes a deeper dive into the cutting-edge issues facing the accounting profession being studied by the Pennsylvania Institute of CPAs' Insights project. Insights will survey PICPA members across targeted segments, including within public accounting and corporate finance, on these issues and produce analysis for firm, company, and organization benchmarking.
“Within the next 10 years, if you’re not engaged in this, you’re probably not going to have a very successful, thriving, or resilient business.”
“What we are seeing is that companies of all sizes will have exposure.”
Protesters are targeting massive, big-name corporations over what they feel is a lack of proper attention to environmental, social, and governance (ESG) issues. As PICPA Insights recently revealed, companies and organizations of all sizes have exposure to ESG factors. Alyssa Rade, chief sustainability officer at Sustain.Life, and Sarah Bratton Huges, head of sustainable investing at American Century Investments, explain the sources of ESG exposure for companies of all sizes and what they could mean for corporate finance and accounting professionals.
While ESG factors are primarily nonfinancial concepts, accounting firms can support companies and organizations of all sizes on their ESG reporting journey. Many already are and how they are doing it may seem familiar. Donny Shimamoto, CPA, founder and managing director of IntrapriseTechKnowlegies, and Ami Beers, senior director of assurance and advisory innovation at the AICPA, explore the opportunities and challenges to consider when incorporating ESG assurance and advisory into a firm's business model.
Our first episode of Insightful explores how environmental, social, and governance (ESG) factors will impact the exposure of small and midsize accounting firm clients. We go inside PICPA Insights: ESG Standards and Reporting with Christopher Tower of BDO and Charles Waring of EisnerAmper to determine the far-reaching impacts of ESG factors. Insights surveyed membership almost two months after the August 2022 release of the white paper and discovered that – of the respondents – there is still a strong lack of knowledge of ESG concepts, standard-setters, and proposed regulations.