Mastery of Transparent Tax Reporting
The GRI 207: Tax 2019 Standard is the first global public reporting standard for tax transparency. It enables organizations to better understand and publicly communicate information about their tax practices. The course explains the tax-related concepts and clarifies why tax is a sustainability issue. It discusses tax-related impacts and presents the stakeholder groups asking for tax-related information. The course explains the GRI 207: Tax 2019 disclosures and how to use this Standard in sustainability reporting based on the GRI Standards.
Course Content
Introduction to the course
Part 1: The GRI Standards
Part 2: Tax – sustainability and transparency
Part 3: GRI 207: Tax 2019 disclosures
Part 4: Using GRI 207 in the context of the GRI Standards
Part 5: GRI 207 in relation to other reporting tools
Reflections and conclusion
Who is this course designed for?
This course is aimed at a wide range of users, from report preparers to other stakeholders interested in reporting on tax as a sustainability issue, such as academics, investors, civil society, and government representatives.
What will you achieve?
When you have completed this course, you will be able to:
Explain why the GRI Standards were revised and how responsible business concepts were embedded
Summarize the main changes to the GRI Standards
List the requirements to report in accordance with the GRI Standards 2021 Update
Discuss the system of GRI Standards 2021 Update and explain the content and use of the Sector Standards
Describe the new Guidance to determine an organization’s material topics
Pre-requisites
Knowledge of the purpose and structure of the GRI Standards, as well as the process for reporting in accordance with the Standards, are recommended to ensure comprehension of the subject matter.