A Guide to Carbon Accounting | Download Report

Carbon credits are more than climate credentials—they’re also accounting line items.

How your business treats ACCUs under Australian Accounting Standards can impact your balance sheet, your bottom line, and your compliance.

RSM’s new Guide to Carbon Accounting by Partner Martin Huang breaks down recognition and measurement in practical terms, helping you apply the rules with confidence.

Understand key classifications covered in the report under AASB:

• Inventory (AASB 102): When carbon credits are held for resale or used in production, they’re recognised at the lower of cost and NRV. Costs may include brokerage fees or any due diligence performed.
• Intangible assets (AASB 138): When used to offset emissions, carbon credits may qualify as identifiable non-monetary assets. Depending on the presence of an active market, either the cost model or revaluation model applies.
• Expenses: Not all credits meet the asset test. For example, credits purchased for marketing may be expensed immediately.
• Revenue: ACCU producers recognise revenue in line with AASB 15 when control transfers to the buyer.The correct treatment depends on your intent and how the credits are used—whether held, sold, retired, or promoted.

Download guide now.