ISSB / UK SRS in Practice: From Sustainability Risk to Financial Reporting

About the Course

The challenge with ISSB and the UK Sustainability Reporting Standards is no longer understanding what the standards say. Organisations have to determine which sustainability-related risks and opportunities could reasonably be expected to affect their prospects, work out where those risks sit in the business, and assess how they influence strategy, cash flows, access to finance and financial reporting.

That creates a direct connection between sustainability reporting and traditional financial reporting — and it is where most reporting teams get stuck.

This masterclass moves beyond a standards walkthrough. Participants follow a single sustainability-related risk through the full reporting process: identification, assessment, business and financial effects, and finally the accounting assumptions and judgements that may need to be reconsidered.

What You Will Learn

Part (a): Identifying Sustainability-Related Risks and Opportunities — 50 minutes

• Understanding sustainability-related risks and opportunities
• Connecting risks to the business model and value chain
• Identifying relevant internal and external information
• Distinguishing significant business risks from generic sustainability topics
• Applying proportionality and professional judgement
• Worked example using a current physical sustainability risk

Part (b): From Sustainability Risk to Financial Effects — 50 minutes

• Operational and strategic consequences
• Revenue, costs and margins
• Capital expenditure and investment requirements
• Cash-flow implications
• Financing and access to capital
• Time horizons and uncertainty
• Current versus anticipated financial effects

Part (c): Connecting Sustainability and Financial Reporting — 50 minutes

• Impairment and going concern
• Provisions and contingencies
• Useful lives and residual values
• Estimates and assumptions
• Consistency between sustainability disclosures and the financial statements
• The questions finance teams and auditors will be asking

Closing Discussion and Q&A — 30 minutes

By the End of This Session

Participants will be able to:

• Identify relevant sustainability-related risks and opportunities
• Connect those matters to strategy and the business model
• Assess potential financial effects
• Recognise the financial reporting implications
• Challenge disconnects between sustainability reporting and the financial statements
• Ask more focused questions of management and sustainability teams

Why This Course Helps Your Career

Sustainability reporting is moving steadily closer to mainstream corporate reporting. Accountants who understand both the sustainability requirements and their connection to financial performance, assumptions and the financial statements are better positioned to support management, boards, auditors and reporting teams. This course develops that reporting connectivity.

Further Information

• Delivery Method: Live Online
• Duration: 3 hours
• Certificate: Professional Certification
• Presented by: Jose Hopkins ACA
• Partner: Sustainability by Jose
• Category: Sustainability Services
• Type: Masterclass
• Price: €250 introductory (first cohort) · €361.20 standard value
• Next Class: 30 October 2026
• Keywords: ISSB, UK SRS, sustainability reporting, financial reporting, IFRS, risk management