Key takeaways
Host: Doug Rand, Audit & Assurance managing director, Deloitte & Touche LLP
Presenters: Evan Harvey, Audit & Assurance managing director, Deloitte & Touche LLP
Robert Kerr, Audit & Assurance partner, Deloitte & Touche LLP
Eric Knachel, Audit & Assurance partner, Deloitte & Touche LLP
1.0 Overview CPE credit | Specialized Knowledge
On July 31, 2023, the European Commission adopted the European Sustainability Reporting Standards’ Corporate Sustainability Reporting Directive (CSRD), which aims to hold companies more accountable for their environmental and social impacts. The CSRD explains that entities should disclose information that is material from both an impact and financial perspective—a concept known as “double materiality.” We’ll discuss:
- Technical aspects of the CSRD and double materiality
- Approaches to performing a double materiality assessment
- The interoperability of CSRD and other international guidelines
Meet the speakers
Doug Rand
Doug is a Managing Director in Deloitte’s National Office – Accounting and Reporting Services focusing on ESG reporting, SEC reporting and IPOs. He consults on technical SEC reporting matters, reviews SEC filings, advises clients on transactions and interpretations of SEC and ESG reporting literature, and develops Deloitte's SEC and ESG publications. He has experience serving clients in a variety of industries. He has experience with a wide range of technical accounting (US GAAP and IFRS) and auditing (PCAOB and AICPA) matters.
Evan Harvey
Evan is an Audit & Assurance managing director, specializing in ESG and sustainability. He has more than 20 years of experience in the capital markets, most recently as the global head of sustainability for Nasdaq, and is recognized as an ESG measurement, reporting, and strategy speaker and thought leader around the world. Evan supports a wide array of client companies as they endeavor to become more transparent, efficient, responsible, and sustainable. In this capacity, he focuses on measuring and integrating material business concerns, clarifying ESG objectives and opportunities, developing innovative performance measurements, maximizing human capital, and diversifying stakeholder engagement. In addition, Evan has experience leading global volunteerism, social responsibility, and philanthropy programs focused on building a purpose-led culture. Evan is an active leader and participant in ESG-related organizations, including the Global Sustainability Standards Board and the Executive Advisory Board for the Boston College Center for Corporate Citizenship. He previously served for six years on the Network USA Board of the United Nations Global Compact, and his writings have appeared in Forbes and Capital Finance International.
Robert Kerr
Robert has more than 15 years of audit and advisory experience serving companies of all sizes from venture capital and private equity backed start-ups to large public companies. Robert has worked with companies in various industries, with a significant focus on the technology industry. Robert Kerr is Deloitte’s Emerging Growth Company leader for the Atlanta, Birmingham, and Chattanooga Audit practices and the US Accounting, Reporting, and Advisory leader for Deloitte’s Environmental, Social, and Governance services. He is also a leader in Deloitte’s national Capital Markets team, specializing in SPAC/IPO and divestiture execution practice. He earned a Masters of Accountancy at the University of Georgia. He is a CPA licensed in the state of Georgia and a member of the American Institute of Certified Public Accountants (AICPA).
Eric Knachel
Eric is a senior consultation partner in the Professional Practice Group at Deloitte & Touche LLP with more than 25 years of experience. He leads Deloitte’s revenue recognition subject-matter team and provides guidance to audit practitioners and companies on complex financial accounting and reporting issues involving revenue recognition. Eric holds a bachelor’s degree in accounting from the University of Maryland. He is a CPA and a member of the American Institute of Certified Public Accountants.
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