Fundamentals of Sustainability Accounting (FSA) Credential™ Level I Study Guide

FSA Credential Updates

• The International Sustainability Standards Board (ISSB) will replace the Sustainability Accounting Standards Board (SASB) in the FSA Level I curriculum.

FSA Credential Purpose

• The main purpose of the FSA Credential is to demonstrate a candidate's expertise in sustainability accounting and reporting.

IFRS Foundation's Goal

• The IFRS Foundation's primary goal is to develop a single set of high-quality, global sustainability disclosure standards.

FSA Level I Curriculum Updates

• The FSA Level I curriculum will be updated to include ISSB standards, replacing SASB standards.

FSA Credential Material

• Candidates will encounter ISSB standards and industry-based requirements in the FSA Credential material.

Organizational Update

• On 1 August 2022, the IFRS Foundation consolidated SASB into the ISSB.

IFRS Foundation and ISSB Commitment

• The IFRS Foundation and ISSB committed to maintaining and building on the SASB Standards.

FSA Credential Status

• The FSA Credential will continue to be offered, and its status remains unchanged.

ISSB Industry-Based Requirements

• SASB Standards will play a role in the development of ISSB industry-based requirements.

FSA Credential Objective and Status

• The core objective of the FSA Credential is to demonstrate expertise in sustainability accounting and reporting, and its status remains unchanged after the organizational update.