Assurance on the integrated report is a hot topic internationally. The International Auditing and Assurance Standards Board (IAASB) is currently looking at the issue.
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 sciencedirect.com
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:
- EER Bodies
- IFAQ FAQs: Discussion Paper, Supporting Credibility and Trust in Emerging Forms of External Reporting
- 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
- 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.
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.