FSA® Level II — Exam Preparation (ISSB Standards Focus)
1.200,00 €
Course Description
The FSA® Credential, developed by the IFRS Foundation, is the most advanced credential related to the ISSB Standards. It’s a two-part exam for preparers and investors wishing to demonstrate and gain recognition for their knowledge on sustainability-related financial disclosure and analysis.
This Level II preparation course builds on the foundational knowledge from Level I and develops advanced analytical skills, focusing on how to connect sustainability performance with corporate valuation. Participants learn to identify material sustainability-related risks and opportunities, normalize and compare data across industries, and integrate ESG insights into financial models and investment decision-making.
Select the number of course participants:
Advance Your Expertise in Linking Sustainability to Financial Valuation
Delivered by the University of Sarajevo — IFRS Foundation Authorized FSA Credential Education Provider (4th worldwide open to global participants), the program combines personalized learning plans, one-to-one mentorship, and exam-focused preparation to maximize your success.
Course Agenda (2-Day Instructor-Led Format)
Day 1 – Identifying & Evaluating Sustainability Issues
1. Company-Specific and Industry Factors
- How unique company contexts influence material sustainability issues
- Role of governance and management practices
- Interrelated impacts among sustainability issues
2. Evaluating Sustainability Issues
- Applying the Five Factors framework
- Contextualizing topics within operational and market environments
- Using findings for corporate and investment decision-making
Day 2 – Data Analysis, Valuation & Exam Preparation
3. Evaluating the Comparability of Sustainability Information
- Normalizing ESG data for comparative and industry analysis
- Analyzing data distribution, outliers, and quality
- Considering operating environment, management, and governance factors
4. Connecting Sustainability Performance to Valuation
- Identifying financial impacts of sustainability risks and opportunities
- Channels of impact: revenue, expenses, assets, liabilities, cost of capital
- Using sustainability data in DCF models
- Beyond DCF: returns, profitability, scenario analysis
5. Exam Preparation Session
- Review of key concepts (aligned with Level II blueprint)
- Case-based practice with 13 structured cases
- Personal study plan creation
- Trainer Q&A and mentorship guidance
Target Audience
- Sustainability, ESG, or CSR professionals
- Sustainability, ESG, or CSR professionals
- Corporate finance, valuation, and risk specialists
- Investment analysts, portfolio managers, and equity researchers
- Consultants, auditors, and assurance providers
- Professionals preparing to complete the FSA Credential
Skills You Will Gain
- Identify sustainability-related risks and opportunities that affect financial performance
- Normalize ESG data for comparison across companies and industries
- Evaluate peer performance and industry dispersion
- Connect ESG metrics to revenue, expenses, assets, liabilities, and cost of capital
- Integrate sustainability insights into valuation models and investment strategies
Certification Award
Participants who successfully complete the Level II exam earn the designation:
FSA® Credential Holder
This status recognizes advanced expertise in integrating sustainability-related financial disclosure into corporate strategy and investment analysis and is recorded in the official IFRS FSA Credential Holders Directory.
Delivery & Format
- Language: English
- Formats: Online (Self-Paced) – Flexible, on-demand learning; Instructor-Led Remote Training – Virtual classroom, 2 full days; Face-to-Face Classroom Session – 2-day intensive at the University or client site
- Duration: 8–12 hours (two days for live formats)
What You Get (Beyond Self-Study):
- Personalized learning plan & one-to-one mentorship
- Live trainer Q&A and targeted feedback
- Exam-style practice questions & case-based exercises
- Guidance on exam booking and completing the credential
- Eligibility for IFRS exam fee discounts (per policy)
- Flexible scheduling with year-round exam access via Pearson VUE
SDG Alignment (Your Impact)
- SDG 12.6 – Promoting sustainable practices and transparent reporting
- SDG 13.3 – Enhancing capacity for climate-related risk assessment
- SDG 17.19 – Strengthening data-driven decision-making for sustainable development
Preparation Tips
- Review Level I content, especially IFRS S1 & S2 and materiality concepts
- Familiarize yourself with industry-specific metrics and SASB Standards
- Practice case-based reasoning and integration into valuation models
Course overview
| Format: | 55 multiple-choice questions linked to 13 case studies |
|---|---|
| Duration: | 120 minutes |
| Administration: | Online, proctored (registration with IFRS Foundation) |
| Scheduling: | Three official testing windows (Jan–Feb, May–Jun, Sep–Oct). Candidates enrolled via an Approved Provider may schedule and take the exam online year-round. |
| Scope: | – Identify sustainability-related risks and opportunities impacting financial performance |



