- Regulatory, financial, risk and ethics frameworks - Know the regulatory, financial, risk and ethics frameworks (Sarbanes-Oxley, AMF and SEC regulations, etc.).
- Financial communication - Financial communication: preparing an AGM, a roadshow, writing a financial communication document, media strategy
- Financial information and the Universal Reference Document - Present account analyses and half-yearly and annual accounting and financial reporting, quarterly information and segment reporting. Understand the content of the Reference Document and how to read it.
- Public institutions and bodies - Learn about public institutions and bodies: Autorité des marchés financiers (France, International), Autorité des normes comptables, IASB, EFRAG, Autorité de la concurrence, parliamentary committees, etc.
Understanding and implementing
Target audience
- Finance, consolidation and accounting managers
- Users of financial statements
1 day
Prerequisites
It is essential to master the fundamental principles of non-financial reporting (regulatory obligations, risks and challenges, stakeholders). This can be achieved, for example, by taking the "Extra-financial reporting and CSRD - Fundamentals" training course [FHREEX].
Objectives
◗ Distinguish between indicators for action and indicators for reporting to clarify the issues at stake
◗ Applying the 4 key concepts of non-financial reporting: business model, value chain, IRO analysis and monitoring, materiality
◗ Understanding the reporting structure required by CSRD and the ESRS application
Training program
◗ Define relevant indicators adapted to the CSRD
- The evolving role of indicators in non-financial reporting
- From communication to action: SMART, relevant and verifiable indicators
- Indicator typology: results, resources, impact
✔ UNDERSTAND | Concept analysis: characteristics of relevant indicators
✔ APPLY | Case study: which indicators to use to evaluate a scooter service launch?
✔ UNDERSTAND | Group discussion: what are the limits of extra-financial indicators?
◗ Getting to grips with ESRS quality criteria
- The 5 ESRS1 quality criteria: relevance, reliability, comparability, verifiability, clarity
- Indicator limitations: non-accuracy, multiple interpretations, bias
- Role of Finance, HR and Operations departments in indicator construction
✔ UNDERSTANDING | Text study: deciphering Appendix B of the ESRS1
✔ UNDERSTANDING | Group discussion: what qualities for decision-useful info?
✔ UNDERSTANDING | Group discussion: can everything be automated?
◗ Building indicators based on materiality
- Process for drawing up a materiality matrix
- Dual materiality (impact + financial), stakeholders, value chain
- Integration into strategy and action plans
✔ UNDERSTAND | Illustration: EFRAG matrix construction diagram
✔ EXPERIMENT | Case study: assessing the relevance of a "MECE" indicator matrix
✔ UNDERSTAND | Group discussion: why don't some groups publish their matrix?
◗ Ensuring data consistency and comparability
- Perimeter, reference points, time horizon
- Value chain: internal and external data, scopes 1/2/3
- Construction, documentation, auditability of indicators
✔ UNDERSTAND | Analysis of practices: extracts from DEUs (TotalEnergies, SNCF, BNP Paribas, ...)
✔ APPLY | Case study: determining a robust social indicator according to ESRS S1
◗ Indicators for investors
- Reminder: interactions between the CSRD and other European texts on non-financial reporting (SFDR, duty of care, etc.)
- Difficulties in reading the sustainability report and proposed solutions
✔ UNDERSTANDING | Panel discussion: how to integrate the extra-financial dimension into a group's rating?
Why choose this course?
The postponement of the application date of the CSRD gives the companies concerned the opportunity to reflect further on how to optimize the implementation of this reporting.
In this context, it is important to remember that the ESRS are not prescriptive, but mainly descriptive. As such, they structure the indicators to be reported and improve their quality and relevance. This training course is aimed at corporate finance and operational staff who wish to understand this approach, with a view to contributing effectively to increasing the relevance of this reporting.
Teaching method and assessment methods
Before: self-assessment quiz
During the session: presentation accompanied by numerous illustrations drawn from current events and actual corporate communications. Immediate application of the points covered to ensure knowledge acquisition: discussions between participants and with the facilitator, development of roadmaps and application of the proposed methodology.
Afterwards : documentary contributions.
The trainer is available to answer any questions relating to the training.
General training | FinHarmony Conseil & Formation
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Price
1 295 € EXCL. TAX
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non-financial reporting and CSRD training
non-financial reporting and CSRD training
non-financial reporting and CSRD training
Jonathan C.
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