Address
Rayhanah Plaza , Zahraa Al Maadi, Cairo, Egypt
Work Hours
From Sunday to Thursday from 9 am to 5 pm
Climate Risk
- Climate risk can significantly impact a company’s financial statements.
- climate risk is increasingly relevant in financial reporting, and companies should carefully consider its impact on their statements and provide transparent disclosures.
- While IFRS (International Financial Reporting Standards) does not explicitly address climate risk, the principles underlying various judgments and estimates in financial statement preparation often incorporate climate risk factors.
- Management should consider climate-related risks and opportunities and their financial impacts when preparing financial statements.
- Material Impact, Investors want to assess companies’ exposure to climate-related matters and their progress in addressing them.
- Growing Awareness, Companies must monitor the financial reporting implications of sustainability initiatives.
