Accounting for the Environment: Packaging
Accounting for Packaging will help you prepare for the increasingly prescriptive environmental reports that are commonly required in relation to packaging programs, particularly the Australian Packaging Covenant. You will understand your role in preparing metrics, including Key Performance Indicators (KPIs), to ensure that your organisation complies with the required regulations. This course will also enable you to operate more strategically to deal with such matters as stakeholder engagement around packaging, while helping you understand the impact that packaging and waste has on operational costs.
- Accountants in business or in Practice
- Company Business Managers
None
90 Minutes for the online Modules
By the end of this course, you will be able to:
- Understand the role you play in relation to the packaging regulatory environment
- Link financial and packaging data to develop relevant KPIs for your organisation
- Understand the risks and opportunities associated with packaging compliance
- Develop procedures to improve data quality about waste arising onsite
- Identify where packaging impacts strategic objectives
- Better manage packaging and waste to positively impact on your organisation's bottom line, its sustainability and its reputation.
This course can contribute credits towards Continuing Professional Development for members of CPA Australia, the Institute of Chartered Accountants, the Institute of Public Accountants and ACCA Australia.
The course includes a number of resources which you will have access to throughout your training to support you in applying the knowledge and skills from the course. These include:
- Downloadable Excel templates
- Access to blogs and experts
- Current whitepapers
Note: On line courses will be updated by Greenstreets experts if legislation changes and will be made available to users at no additional investment during the licensed term.
What we cover on the course
Module 1 – Introduction to Packaging
This module sets the scene and overviews the:
- Regulatory environment relating to packaging and the role you play
- Australian Packaging Covenant and your obligations as a member
- Benefits of greater involvement in preparing KPIs for packaging
Module 2 - Information Analysis
In this module you will focus on:
- Effectively engaging with relevant stakeholders for packaging data
- Linking financial and packaging data to develop relevant KPIs for your organisation
- Continuously monitoring and targeting performance against your KPIs
- Reviewing the materiality of KPIs in relation to your company.
Module 3 - Mitigating Risk & Identifying Opportunities
The focus of this module is to:
- Understand risk associated with packaging compliance
- Evaluate packaging related opportunities that exist to reduce expenditure, make savings and access funding
- Ensure you manage the personal or professional risks of non-compliance
Module 4 – Using Financial Data to Achieve APC Goals
In this module you will be able to review:
- A client information request for packaging metrics
- Procedures to improve data quality about waste arising onsite
- Key documentation required for assurance of compliance
- The qualities of a good reporting process
Module 5 – Mandatory and Voluntary Reporting
By completing this module you will understand packaging compliance in context of your organisation's strategic objectives and reporting requirements and be able to:
- Identify reports your packaging information can feed in to
- Identify where packaging impacts strategic objectives
- Understand relevant packaging data and indicators
Module 6 - Your Action Plan & Toolkit
In this final module, you will focus on moving your learning from the theoretical to the practical, enabling you to put what you have learned on this course into practice to positively impact on your organisation's bottom line, its sustainability and its reputation.