Preparation for the IFRS S1 requirements
- This thesis aims to determine how banks can prepare for fulfilling and implementing the IFRS S1 requirements, which have been published by the International Sustainability Standard Board. It also examines the extent to which banks in Liechtenstein and Switzerland have already implemented the existing regulatory requirements in the area of sustainability transparency and integrated them into their financial reporting. The focus is to determine whether, and to what extent, these requirements enable banks to disclose relevant information on sustainability aspects in their financial reports. In order to answer the research question appropriately, a qualitative research method according to Mayring was used, which included conducting expert interviews. In this context, it is important to analyze the possibilities of IFRS S1 concerning the identification, assessment, and disclosure of sustainability risks and opportunities. The thesis also analyzes the impact of the regulatory requirements on banks, including the challenges of implementing IFRS S1 and the potential benefits and opportunities for banks of complying with the sustainability transparency requirements. The results are intended to develop a better understanding of how the regulatory requirements for sustainability transparency can be effectively used by banks to improve the quality and comparability of sustainability-related financial information under IFRS S1.
Author: | Michèle Heinzle |
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DOI: | https://doi.org/10.25924/opus-5132 |
Subtitle (English): | Illustration of the current implementation status at banks in Liechtenstein and Switzerland |
Title Additional (German): | Vorbereitung auf die Anforderungen von IFRS S1. Darstellung des aktuellen Umsetzungsstandes bei Banken in Liechtenstein und der Schweiz |
Advisor: | Oliver Kruse |
Document Type: | Master's Thesis |
Language: | English |
Year of publication: | 2023 |
Publishing Institution: | FH Vorarlberg (Fachhochschule Vorarlberg) |
Granting Institution: | FH Vorarlberg (Fachhochschule Vorarlberg) |
Release Date: | 2023/09/08 |
Tag: | IFRS; IFRS S1; Liechtenstein; Switzerland |
Number of pages: | x, 123 |
DDC classes: | 300 Sozialwissenschaften / 330 Wirtschaft |
JEL-Classification: | M Business Administration and Business Economics; Marketing; Accounting |
Open Access?: | ja |
Course of Studies: | Betriebswirtschaft: Accounting, Controlling & Finance |
Licence (German): | UrhG - The Austrian Copyright Act applies - Es gilt das österr. Urheberrechtsgesetz |