Assurance on the integrated report is a hot topic internationally. The International Auditing and Assurance Standards Board (IAASB) is currently looking at the issue.

IAASB’s EER Assurance Project

A Project Advisory Panel was established in March 2018 to support the work of the Task Force for this project. South Africa is represented on this Panel by Ciara Reintjes from the IRBA.

The key objective of the project is to enable more consistent and appropriate application of ISAE 3000 (Revised) to emerging forms of external reporting (EER) and greater trust in the resulting assurance reports by users of EER. This will be achieved primarily through:

  1. Developing non-authoritative guidance in applying ISAE 3000 (Revised) to EER;
  2. Continuing to provide thought leadership on assurance issues in relation to EER; and
  3. Coordinating the work of the project with related initiatives of other relevant international organizations.

The project proposal can be found here.

Phase 1 of the project has commenced, and guidance will be developed over the next 6 months to address the following issues:

  1. applying materiality
  2. building assertions
  3. evaluating suitability of criteria
  4. maturity in governance and internal control and
  5. addressing narrative and forward-looking information.

A series of roundtable events will be held in different countries in October and November 2018 to obtain stakeholder input and feedback, after which the Task Force will seek approval from the Board for the Phase 1 draft guidance to be issued on exposure.


The Challenges of Assuring Integrated Reports: Views from the South African Auditing Community
A publication from ACCA , dated October 2015.

Assuring the integrated report: Insights and Recommendations from Assumers and Preparers
This academic paper by Warren Maroun, University of Witwatersrand, appears in the British Accounting Review. It’s available, at a fee, from

IAASB Discussion Paper 2016

This Discussion Paper, Supporting Credibility and Trust in Emerging Forms of External Reporting, released in August 2016 was open for public comment until 3 February 2017. It covers the assurance of integrated reports. 

The Discussion Paper’s supplementary documents:

  1. EER Bodies
  2. IFAQ FAQs: Discussion Paper, Supporting Credibility and Trust in Emerging Forms of External Reporting
  3. Integrated Reporting Working Group: Supplemental Information to the Discussion Paper, Supporting Credibility and Trust in Emerging Forms of External Reporting: Ten Key Challenges for Assurance Engagements 
  4. At a glance

The IAASB will in due course be uploading the public comments received on the Paper on its website and analysing the responses. They will be available at IAASB IRWG – Integrated Project.

You can read the IRC’s comments submitted to the IAASB here.

IIRC’s call for action 2014 and 2015

The International Integrated Reporting Council (IIRC) started the international debate as the ‘next step’ after the release of the International <IR> Framework. In July 2014 it released two Papers which were open for public comment, Assurance on <IR>: an introduction to the discussion and Assurance on <IR>: an exploration of issues.  In July 2015 it released the Overview of feedback and call to action which summarised the significant matters in the debate and stressed the continued need to strengthen the overall credibility and trust in integrated reporting.