Sustainability

Sustainability Assurance 

In response to increasing stakeholder expectations more companies are reporting on their corporate social and environmental performance in addition to their normal financial reporting measures. As this trend increases, so too will the need for providing assurance on this information and the systems and processes used to generate it.

ASEC Sustainability Assurance and Advisory Task Force
Given the increasing trend in assurance of Sustainability-related information, the AICPA Assurance Services Executive Committee (ASEC) convened the Sustainability Assurance and Advisory Task Force (the “Task Force”) in December 2012.  The Task Force covers member needs and opportunities related to the reporting and assurance of Sustainability-related information.  This Task Force coordinates with the Auditing Standards Board (ASB) Sustainability Task Force and the ASB Conflict Minerals Task Force, which cover AICPA standards development, technical guidance and comment letters related to assurance on Greenhouse Gas (GHG) Emissions and Conflict Minerals, respectively.

ASB Sustainability Task Force
The ASB Sustainability Task Force is in the process of developing a Sustainability Assurance Guide.  The Guide is being developed to assist practitioners engaged to perform an examination or review engagement of an entity’s sustainability information and will include performance and reporting guidance on applying the clarified attestation standards to the subject matter of sustainability information.

Assurance Resources 

Sustainability Assurance Brochure

With the growth in sustainability reporting, companies are increasingly seeking assurance on their sustainability reports. This brochure can be used when talking to clients about the value of sustainability assurance services provided by CPAs.

Sustainability Assurance in the U.S.: Two Market Assessments

This paper reveals findings from two studies performed to examine the sustainability assurance and related advisory services market in the U.S. 

ISAE 3410 Assurance Engagements on Greenhouse Gas Statements 

AICPA Conflict Minerals Resources 

The AICPA convened a task force to provide practitioners with guidance relating to Independent Private Sector Audit's of an organization's Conflict Minerals Report.
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