FSA Credential Level I study guide
FSA Credential Level I · Work through your exam, one topic at a time.
The FSA Credential is a professional credential offered through the IFRS Foundation's sustainability products and services, listed on the Foundation's own site alongside its sustainability education offerings. It sits within the IFRS Sustainability ecosystem: IFRS Sustainability Disclosure Standards are developed by the International Sustainability Standards Board (ISSB), an independent standard-setting body within the IFRS Foundation, and are intended to enhance investor-company dialogue so that investors receive decision-useful, globally comparable sustainability-related disclosures that meet their information needs. The FSA Credential Level I study guide has 5 sections and about 1,400 words.
01IFRS Sustainability Disclosure Standards (ISSB Standards)
IFRS S1 and IFRS S2 form the ISSB's global baseline for sustainability-related financial disclosures. The exam tests how the two standards fit together, how materiality and connectivity operate, and which transition reliefs exist.
338 words, about 2 min02SASB Standards
SASB Standards are industry-specific, evidence-based standards for financially material sustainability topics. The exam tests how to select an industry standard, apply disclosure topics and accounting metrics, and use technical protocols and activity metrics.
290 words, about 1 min03Integrated reporting and connected information
Integrated reporting is the IIRC's framework for a concise, connected account of how an organization creates, preserves or erodes value over time. The exam tests the six capitals, content elements, guiding principles, and connectivity between financial and non-financial information.
268 words, about 1 min04TCFD recommendations
TCFD recommendations are the 11 recommended disclosures under four pillars: governance, strategy, risk management, and metrics and targets. The exam tests the 11 disclosures, physical versus transition risk, scenario analysis, and the financial linkage.
262 words, about 1 min05CDSB guidance and climate-related disclosure
CDSB guidance focuses on how environmental and climate change information connects to financial reporting. The exam tests the CDSB principles, required content elements, boundary, and the framework's legacy after consolidation into the IFRS Foundation.
242 words, about 1 min