Podcast
Questions and Answers
What organization will replace SASB in the FSA Level I curriculum?
What organization will replace SASB in the FSA Level I curriculum?
What is the main purpose of the FSA Credential?
What is the main purpose of the FSA Credential?
What is the IFRS Foundation's primary goal?
What is the IFRS Foundation's primary goal?
What will be updated in the FSA Level I curriculum?
What will be updated in the FSA Level I curriculum?
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What will candidates encounter in the FSA Credential material?
What will candidates encounter in the FSA Credential material?
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What organizational update took place on 1 August 2022?
What organizational update took place on 1 August 2022?
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What commitment did the IFRS Foundation and ISSB make regarding SASB Standards?
What commitment did the IFRS Foundation and ISSB make regarding SASB Standards?
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What is the future status of the FSA Credential according to the text?
What is the future status of the FSA Credential according to the text?
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What role will the SASB Standards play in the development of ISSB industry-based requirements?
What role will the SASB Standards play in the development of ISSB industry-based requirements?
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What is the core objective and status of the FSA Credential after the organizational update?
What is the core objective and status of the FSA Credential after the organizational update?
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Study Notes
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.
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Description
Prepare for the FSA Credential™ Level I exam with this study guide covering the need for sustainability accounting standards, understanding SASB standards, and using SASB standards. Stay updated with the recent organizational changes, including the consolidation of the Value Reporting Foundation into the IFRS Foundation and the future of the SASB standards.
