Course 2 - Sustainability Reporting Standards and Assurance

Contents 

This course provides students with detailed knowledge of sustainability reporting with a particular focus on the European Sustainability Reporting Standards (ESRS) and the IFRS Sustainability Disclosure Standards of the International Sustainability Standards Board (ISSB). The course begins with an introduction to the structure of the standards and an insight into the standard-setting process. During the course, a comprehensive overview of all applicable standards is provided. In addition, selected standards in the areas of cross-cutting, environment, social and governance will be covered in detail. The course also focuses on developments in sustainability reporting audits. Particular attention is paid to the level of assurance and its impact on the scope and procedures of the audit.

Learning Outcomes 

After completing this course, students will be able to describe and understand the objectives, requirements and basic principles of ESRS and IFRS standards. They will be able to provide an overview of the individual European and international standards. Students will also gain an understanding of the sustainbaility reporting audit process and distinguish between different audit levels and their impact on the scope and actions of the audit.

Assessment 

• In-class exercises and/or homework, individually or in groups (30%) 

• In-class participation (10%) 

• Quiz (20%) 

• Final exam (40%)