Assurance on Integrated Reporting and other EER– IAASB

Date recorded:

At its meeting on June 18-23, 2018, the IAASB was presented with an issues paper summarizing the work of the Task Force relating to three of the Ten Key Challenges in undertaking assurance engagements over EER. The Board discussed the ‘generalized construct’ of an EER report and its relationship to assurance concepts, before considering issues relating to the challenges of Applying Materiality, Evaluating the Suitability of Criteria, and Building Assertions. The Board expressed broad support for the approach being taken by the Task Force to date and commented on the issues presented. The Board also agreed with the Task Force’s suggestion to publish the non-authoritative guidance in the form of an International Assurance Engagements Practice Note (IAEPN). The remaining challenges allocated to Phase 1 of the project will be presented for discussion in September 2018, along with a first draft of the guidance relating to these challenges.

Review the summary, including the podcast, on the IAASB's Web site.

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