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Carbon Accounting Frequently Asked Questions (FAQs)

Cherry Bekaert

Authors: Gabriela Payne, CPA On September 14, 2023, California’s Legislature approved a landmark Senate Bill 253/Climate Corporate Data Accountability Act, which is expected to have global impacts on corporate climate accountability. As the Firm has helped clients, Frequently Asked Questions (FAQs) have emerged.

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Private Equity 2023 Year-in-Review and 2024 Outlook: Clearer Skies Emerge for Private Equity Amidst Challenges

Cherry Bekaert

Carbon reporting suddenly is a “checklist item” for new funds by large investors, mandatory for UN PRI membership, and forced by the State of California and the U.S. With this, California officially created carbon accounting obligations in the U.S. Federal government. affecting thousands of corporations.

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Ensuring Climate ESG Auditing Excellence: How Your Trusted Accounting Partner Makes the Difference

Withum

The recently passed California climate disclosure rule, SB 253, will require companies to start limited assurance in 2026 and reasonable assurance in 2030 for Scope 1 and 2 emissions. Firstly, auditing has always been one of the cornerstone services of accounting firms.

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