IESBA proposes standards for ethical considerations for sustainability assurance
IESBA proposes standards for ethical considerations for sustainability assurance
The International Ethics Standards Board for Accountants (IESBA) has issued two exposure drafts (ED) for new proposed standards for ethical considerations in sustainability reporting and assurance. The new IESBA proposed drafts include:
- The International Ethics Standards for Sustainability Assurance (IESSA), which sets out a framework of expected behaviours and ethics provisions for use by all sustainability assurance practitioners regardless of their professional backgrounds, as well as professional accountants involved in sustainability reporting. The ED is open for comments until 10 May 2024.
- The ED Using the Work of an External Expert, proposes an ethical framework to guide professional accountants or sustainability assurance practitioners, as applicable, in evaluating whether an external expert has the necessary competence, capabilities and objectivity in order to use that expert’s work for the intended purposes. The ED is open for comments until 30 April 2024.