Eviota Czechia Webinar

Connected financial and sustainability reporting for music enterprises


Date
Apr 15, 2023 11:30 AM — Apr 15, 2022 12:45 PM
Location
Web streaming (see event URL)
Prague,

🇨🇿 in Czech below

The aim of the Eviota for Music is to help responsible music businesses, social enterprises, non-profit organisations and civil society organisations in their economic and sustainability management, control and reporting. More and more enterprises will be expected to create a management report (in their audited or, for smaller entities, non-audited) annual report about their impact on the environment, social sustainability and governance to prevent corruption. The new Corporate Social Responsibility Directive entered into force on 5 January 2023 and changed the accounting laws of European countries. Companies will be expected to reduce their CO2-equivalent greenhouse gas emissions by 55% until 2030 and reach net zero by 2050.

[Example Festival Report](https://music.dataobservatory.eu/documents/example_festival/example_festival.html) - how to get [your own report](https://music.dataobservatory.eu/documents/example_festival/example_festival.html#how-to-get-your-experimental-report) prototype for the webinar?
Example Festival Report - how to get your own report prototype for the webinar?
  • 11:30: Meet and greet
  • 11:45: Short presentation
  • 12:00: Discussion of your reporting

CEST Central European Summer Time

The discussion will be based on the accounting documents sent to us in advance. We will create a first version of a simplified sustainability report about your music or film company (for profit, or non-profit.) we will not share any financial information in the meetup, only visualizations of risk heatmaps, and common reporting and sustainability problems.

Why connect to your accounting software?

The accounting system already records all those economic events that may have an impact on how your company, directly or indirectly, causes greenhouse gas emissions, uses precious water, or may help to close (or, accidentally, widen) the gender pay gap.

As soon as the modification of the EU accounting directive take effect, you will have to connect your financial accounts to your sustainability reporting.

  • No extra management time is needed: it is already recorded by every company’s accountant. The general ledger is recorded by your accountant. We start from the annual summary of supplier and buyer ledgers, or the trial balance that has this information.
  • It is not subjective. It states exactly what you were spending on.
  • It is more or less standardized across Europe—and almost all countries of the world, with the exception of the U.S. and some other countries. It is easy to reconcile with US GAAP based documents.
  • We need to use the same working document that your accountant uses to maintain an important objectivity criterion: connectivity.

This way your annual report will be consistent, if you say in the financial part that you spend 1000 euro on energy, then we will calculate the greenhouse gas emissions based on KWh volume of the the energy that cost you 1000 euros.

Čeština

Cílem Eviota for Music je pomoci hudebním organizacím, neziskovým organizacím i firmám mít pod kontrolou manažement i reporting všeho, co řadíme pod udržitelnost. Stále více firem bude mít povinnost vytvářet v rámci svého každoročního daňového přiznání zprávu o udržitelnosti, a to jak auditované, tak menší firmy, na které se audity nevztahují. Tato zpráva shrnuje dopad na životní a sociální prostředí a pomáhá zpřehlednit a zjednodušit tuto problematiku. Nová směrnice CSRD, která vstoupila v platnost 5.1.2023 změnila účetní zákony zemí EU. Firmy musí snížit emise skleníkových plynů o 55% do roku 2030 a do roku 2050 musí jejich hodnota dosáhnout nuly.

Zveme vás na webinář, který se uskuteční 15.4.2023. Pro účast klikněte na TENTO ODKAZ.

Program:

  • 11:30: Meet and greet
  • 11:45: Krátká prezentace
  • 12:00: Diskuse pro zapojené partnery

CEST Central European Summer Time

Diskusi povedeme na základě předem zaslaných dokladů (trial balance neboli zkušební bilance). Vytvoříme pro vaši hudební nebo filmovou společnosti zjednodušenou verzi zprávy o udržitelnosti (ať už jste nezisková nebo zisková společnost). Za žádných okolností nebudeme sdílet ekonomické údaje, pouze vizualizaci zprávy, teplotní mapu a problémy s udržitelností.

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