ΠΕΡΙΓΡΑΦΗ

This seminar covers the directive’s purpose and significance, key developments, and policy objectives. Participants will explore the European Sustainability Reporting Standards (ESRS) and specific reporting requirements. We will review the scope and phased implementation timeline, including key deadlines. The seminar will also delve into sustainability assurance requirements, examining the roles of statutory auditors and independent assurance providers. Finally, we will discuss the integration of CSRD into national laws in Cyprus, including legislative amendments and auditor requirements.

This course will be hosted in Limassol but you may participate Live-Online if this suits your schedule. Cost is €120+VAT for Online participation & €140+VAT for in-class participation

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

To provide a comprehensive understanding of the Corporate Sustainability Reporting Directive (CSRD) and its implications for businesses within the European Union. 

Participants will gain insights into the key developments, policy objectives, and reporting standards mandated by the CSRD. The seminar will also cover the scope and timing of implementation, the requirements for sustainability assurance, and the specific steps being taken to integrate these regulations into national laws, with a focus on Cyprus. Attendees will leave equipped with the knowledge needed to comprehend the new sustainability reporting landscape and the implications it will have on the accounting profession.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

Accountants, auditors and professionals involved in the implementation of sustainability reporting.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Course Outline

Introduction

• Overview of the Corporate Sustainability Reporting Directive (CSRD)
• Seminar objectives and agenda

Overview of CSRD

• Purpose and significance for the EU Green Deal
• Main aim: transformation of Business models via ESRS

Key Developments

• Expanding scope and mandatory reporting standards
• Digital tagging and assurance requirement

Policy Objectives

• Legal framework and detailed disclosure requirements

Scope and Timing

• Companies affected and phased implementation timeline

Reporting Standards

• European Sustainability Reporting Standards (ESRS)
• Reporting format and digital tagging

Assurance Requirements

• Limited and reasonable assurance
• Assurance standards and engagements

Implementation in Cyprus

• Status of transposition and legislative amendments
• Licensing and training for auditors

Summary / Questions and Answers

Certification

All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.