On March 6th, the SEC issued The Enhancement and Standardization of Climate-Related Disclosures for Investors after a 3 to 2 vote by the SEC Commissioners. New disclosures include disclosures on greenhouse gas emissions, governance and oversight of material climate-related risks, business model and outlook, risk management processes for climate-related risks, and climate gargets and goals. These new requirements are subject to certain materiality thresholds, registrant applicability and an adoption phase-in timetable.

SCACPA is excited to partner with Galasso Learning Solutions and the Genuine Learning Blog for real-time A&A updates and answers for SCACPA members.

With over 15 years of experience in the accounting profession, Melisa Galasso designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. She closely monitors regulatory bodies for changes in auditing and accounting guidance and serves as a subject matter expert in implementing the updated guidance.