The IAIS issues a comment letter to the IAASB on the proposed ISSA 5000 – General Requirements for Sustainability Assurance Engagements
The International Association of Insurance Supervisors (IAIS) has submitted a comment letter to the International Auditing and Assurance Standards Board (IAASB) on its proposed International Standard on Sustainability Assurance (ISSA) 5000 – General Requirements for Sustainability Assurance Engagements. The IAIS recognises that sustainability reporting is rapidly becoming a topic of global importance and that its reliability is a key issue for a diverse range of stakeholders. In the comment letter, the IAIS therefore welcomes the opportunity to comment on the proposed ISSA 5000, includes areas of support to the ISSA 5000 as well as areas in the proposed standard that require clarification.
Feedback was on areas such as: approach to assurance engagements and recommendations on expansion and clarifications in requirements and application material.
Click here to read the comment letter.