The IAASB is developing a comprehensive standard for assurance on sustainability reporting that responds to the public’s need for timely, consistent, and high-quality assurance engagements.
This standard aims to cover all sustainability topics and reporting frameworks and be applicable to all assurance practitioners. It will address both limited and reasonable assurance, cover the entire assurance engagement process, and focus on areas where specific challenges in sustainability assurance exist.
The IAASB’s work will build upon existing standards and guidance, such as ISAE 3000 (Revised) and ISAE 3410, and the IAASB plans to further develop a suite of standards for sustainability reporting assurance over time.
Source: IAASB
