IAASB publishes FAQs on materiality in sustainability assurance engagements
IAASB publishes FAQs on materiality in sustainability assurance engagements
The International Auditing and Assurance Standards Board (IAASB) has released a new Frequently Asked Questions (FAQ) document to assist practitioners in implementing International Standard on Sustainability Assurance (ISSA) 5000 General Requirements for Sustainability Assurance Engagements. The FAQs address the application of materiality in sustainability assurance engagements and are designed to promote a consistent interpretation and effective application of this concept.
The FAQ document can be accessed at the link.
The FAQ document can be accessed at the link.