Join us for a virtual roundtable discussion on our recently released Exposure Draft, “CSSA 5000, General Requirements for Sustainability Assurance Engagements” (ED-CSSA 5000) and have your say!
Agenda
Our roundtable discussion will consist of three parts:
- Part 1 – approximately 60 minutes will be focused on general topics that may be of interest to all practitioners who might apply the standard (professional accountants or other service providers), such as:
- the key definitions and terminology in the standard (e.g., sustainability matters, sustainability information, disclosures);
- the difference in work effort between limited and reasonable assurance;
- the scope of the sustainability assurance engagement;
- the suitability of the reporting criteria, including addressing concepts such as “double materiality”;
- the Engagement Materiality, including materiality in the context of narrative and qualitative information;
- the entity’s system of internal control and its impact on the ability of the practitioner to obtain sufficient appropriate evidence;
- using the work of practitioner’s experts or other practitioners; and
- the proposed Canadian amendments to ISSA 5000.
- Part 2 – approximately 30 minutes will be focused on topics that may be of interest to users of the assurance report on sustainability information, such as:
- whether the scope and applicability of ED-CSSA 5000 is clear, including when CSAE 3410 should be applied rather than ED-CSSA 5000; and
- the reporting requirements, assurance report content, and consistency of the assurance report.
- Part 3 – approximately 30 minutes will be focused on topics that may be of interest to preparers of sustainability information and reporting readiness for assurance, such as:
- the suitability and availability of the criteria used by the entity in preparing the sustainability information;
- the Entity’s System of Internal Control;
- the definition of “other information” in the context of a sustainability assurance engagement; and
- the estimates and forward-looking information.
Who should attend?
- Practitioners, both CPAs and non-CPAs who have an interest in sustainability assurance
- Users of sustainability assurance reports
- Preparers of sustainability information looking to become assurance ready
- Indigenous Peoples or members of Indigenous organizations with an interest in sustainability matters
- Regulators and policymakers with an interest in sustainability assurance
Why attend?
Join us for:
- an overview of our Exposure Draft, including details on the key concepts within the proposed standard;
- the opportunity to provide your feedback directly to the AASB; and
- the chance to ask your questions during our open Q&A.