Public Consultation on Proposed Guidance: Extended External Reporting (EER) Assurance (March 2020)
IAASB
Mar 13, 2020 | Exposure Drafts and Consultation Papers
English
Comments due by: Jul 13, 2020
The IAASB is consulting on its draft non-authoritative EER Guidance in the second phase of its EER Assurance project.
Public input is requested by July 13, 2020.
EER encapsulates many different forms of reporting including, but not limited to, integrated reporting, sustainability reporting and other reporting by entities about financial and non-financial matters, including environmental, social and governance matters, related to an entity’s activities.
The Consultation Paper is on the full combined updated phase 1 and phase 2 draft non-authoritative guidance: Special Considerations in Performing Assurance Engagements on Extended External Reporting. The Consultation Paper also invites comments on two supplementary documents, should respondents wish to comment on their content, structure and relationship to the draft guidance document – Supplement A: Credibility and Trust Model and Background and Contextual Information and Supplement B: Illustrative Examples.
The purpose of the consultation is to assist the IAASB in finalizing the non-authoritative guidance and supplements for publication.
The IAASB particularly seeks input from those with practical experience in this evolving area of reporting, including practitioners and other experts involved in performing EER assurance engagements, preparers of EER reports, investors and other users of EER reports and assurance reports on them, standard setters and regulators.
Respondents are asked to submit their comments electronically (in both a PDF and Word file) through the IAASB website using the ‘Submit comment’ link on this page. We request that comment letters do not include tables as they are incompatible with the software used to help analyze respondents’ comments.
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Submitted Comment Letters
1. FAR (Sweden)
June 25, 2020
2. Deakin University
June 30, 2020
3. IIA
July 3, 2020
4. AUASB
July 6, 2020
5. New Zealand Auditing and Assurance Standards Board (New Zealand)
July 7, 2020
6. International Integrated Reporting Council
July 8, 2020
7. The Institue of Internal Auditors
July 9, 2020
8. U.S. Government Accountability Office (United States)
July 10, 2020
9. Crowe Global
July 10, 2020
10. Social Value International
July 10, 2020
11. ICAS (United Kingdom)
July 10, 2020
12. Malaysian Institute of Certified Public Accountants (MICPA) (Malaysia)
July 12, 2020
13. PwC
July 13, 2020
14. AASB Canada (Canada)
July 13, 2020
15. Hong Kong Institute of Certified Public Accountants (Hong Kong (Special Administrative Region of China))
July 13, 2020
16. Office of the Auditor General of Alberta
July 13, 2020
17. BDO (United Kingdom)
July 13, 2020
18. GRI (Global Reporting Initiative)
July 13, 2020
19. Association of Chartered Certified Accountants (ACCA) & Chartered Accountants Australia and New Zealand (CA ANZ)
July 13, 2020
20. ASSIREVI- Association of the Italian audit firms (Italy)
July 13, 2020
21. Sustainability Accounting Standards Board
July 13, 2020
22. RSM International Limited
July 13, 2020
23. South African Institute of Chartered Accountants (South Africa)
July 13, 2020
24. Institute of Certified Public Accountants of Rwanda (ICPAR) (Rwanda)
July 13, 2020
25. International Corporate Governance Network (United Kingdom)
July 13, 2020
26. Ernst & Young Global Limited
July 13, 2020
27. KPMG IFRG Limited
July 13, 2020
28. FEDERACIÓN ARGENTINA DE CONSEJOS PROFESIONALES DE CIENCIAS ECONÓMICAS (Argentina)
July 13, 2020
29. Deloitte
July 13, 2020
30. Grant Thornton International Limited
July 13, 2020
31. Institute of Certified Public Accountants of Uganda
July 14, 2020
32. Auditing Standards Board of the AICPA (United States)
July 15, 2020
33. The Japanese Institute of Certified Public Accountants (Japan)
July 16, 2020
34. Australian Business Reporting Leaders Forum (Australia)
July 17, 2020
35. Compagnie Nationale des Commissaires aux Comptes (France)
July 17, 2020
36. CPA Australia
July 23, 2020
37. Accountancy Europe (Belgium)
July 24, 2020
38. Institute of Singapore Chartered Accountants (ISCA) (Singapore)
July 27, 2020
39. Office of the Auditor General (New Zealand)
July 30, 2020
40. Institut der Wirtschaftsprüfer (IDW) (Germany)
August 5, 2020
41. Auditor General of South Africa (South Africa)
August 17, 2020
42. Malaysian Institute of Accountants (Malaysia)
August 17, 2020
43. BOTSWANA INSTITUTE OF CHARTERED ACCOUNTANTS (Botswana)
August 17, 2020
Related Resources
- 2018 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements
- Proposed International Standard on Auditing 500 (Revised), Audit Evidence, and Proposed Conforming and Consequential Amendments to Other ISAs
- Proposed Narrow Scope Amendments to ISA 700 (Revised), Forming an Opinion and Reporting on Financial Statements and ISA 260 (Revised), Communication with Those Charged With Governance
- Proposed Part 10, Audits of Group Financial Statements of the Proposed ISA for Audits of Financial Statements of Less Complex Entities
- Proposed Strategy and Work Plan for 2024‒2027
