Extended External Reporting Assurance

  • Other Assurance

The International Auditing & Assurance Standards Board (IAASB) is consulting on its progress in developing draft guidance in the first phase of its EER Assurance project.

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EER encapsulates many different forms of reporting, including, but not limited to:

  • integrated reporting;
  • sustainability reporting; and
  • other reporting by entities about environmental, social and governance matters.

This Consultation Paper (CP) includes the first part of draft guidance for practitioners applying International Standard on Assurance Engagements (ISAE) 3000 (Revised), Assurance Engagements Other than Audits or Reviews of Historical Financial Information, to EER assurance engagements.

This CP does not include an exposure draft of the anticipated full guidance as it is an interim consultation. Its purpose is to assist the IAASB to continue developing a complete non-authoritative guidance document that is due to be published in the second phase of the project as an exposure draft.

Commenting on the Proposals

If you have practical experience in this evolving area of reporting—including as a practitioner and/or other expert involved in performing engagements, preparers of EER reports, investors and other users, standard setters and regulators—then the IAASB seeks your input.

You can submit your views on the Consultation Paper to the NZAuASB using the secure online form below by 24 May 2019.  This will assist us in developing the New Zealand response.  Or you can submit your views directly to the IAASB by 21 June 2019.

Upload your submission here

Please use this secure online form.

It has been designed to make your upload safe, quick and easy. 

You can:

  • Upload an MS Word document (and a PDF file, if you wish); or
  • Write your comments below in the space provided.

You can upload up to TWO documents. 

Please note:

  • We would appreciate receiving a copy of your comments in electronic form (preferably Microsoft Word format).  This helps us to more efficiently collate and analyse comments. Please also specify the exposure draft number and title in your electronic file. 

  • Tell us on whose behalf you are making the comments (for example on behalf of a group or an entity).

  • We intend publishing all comments on the XRB website, unless they may be defamatory. If you have any objection to this, we will not publish them. However, they will remain subject to the Official Information Act 1982 and, therefore, may be released in part or in full. The Privacy Act 1993 also applies.

  • If you have an objection to the release of any information contained in your comments, we would appreciate you identifying the parts of your comments to be withheld, and the grounds under the Official Information Act 1982 for doing so (for example, that it would be likely to unfairly prejudice the commercial position of the person providing the information).