Adrian Johnson
TLDR:
- Michael Poveda is a partner at UHY with over 24 years of experience in accounting, assurance, and advisory services.
- He advises clients on complex financial reporting matters, structured transactions, risk management, and performance improvement.
The accounting profession plays a crucial role in Environmental, Social, and Governance (ESG) reporting. CPA firms, with their expertise in audit quality, independence requirements, and professional development, are well-positioned to provide advisory and assurance services in ESG reporting. Michael Poveda, a partner at UHY, emphasizes the importance of accounting professionals in guiding businesses through ESG reporting, including SEC, U.S. GAAP, and IFRS reporting, internal controls, risk management, corporate finance, and governance.
ESG reporting is becoming increasingly important for businesses as stakeholders, including investors, regulators, and the public, seek transparency and accountability in organizations’ environmental, social, and governance practices. Accounting firms are uniquely positioned to help companies navigate the complex landscape of ESG reporting, ensuring accurate and reliable disclosure of non-financial information.
Michael Poveda’s extensive experience in accounting, assurance, and advisory services makes him a valuable resource for clients looking to enhance their ESG reporting practices. With a focus on complex financial reporting matters and risk management, Poveda brings a wealth of knowledge and insights to help businesses improve their ESG reporting processes and meet regulatory requirements.
In conclusion, accounting professionals like Michael Poveda play a vital role in guiding businesses through the challenges of ESG reporting. With their expertise in audit quality, independence, and professional development, CPA firms are well-equipped to provide essential advisory and assurance services in the increasingly important area of environmental, social, and governance reporting.
