Transforming the Australian accounting profession for the carbon challenge. The introduction of Carbon Pollution Reduction Scheme (CPRS) will have an immediate and lasting impact on the cost of doing business in Australia. By determining how accounting processes can be optimised to identify, measure and analyse the impact of emissions trading on organisations' financial performance, this project will be a significant step in minimising the negative impact of this historic change on the Australia ....Transforming the Australian accounting profession for the carbon challenge. The introduction of Carbon Pollution Reduction Scheme (CPRS) will have an immediate and lasting impact on the cost of doing business in Australia. By determining how accounting processes can be optimised to identify, measure and analyse the impact of emissions trading on organisations' financial performance, this project will be a significant step in minimising the negative impact of this historic change on the Australian economy, and maximising the associated business opportunities. Our findings will be the basis for giving the accounting profession the new skills to adopt a central role in meeting the carbon challenge.Read moreRead less