Course Description

Synopsis:

The International Ethics Standards Board for Accountants (IESBA) has recently concluded its public consultation for the exposure draft on the Proposed International Ethics Standards for Sustainability Assurance (including International Independence Standards) (IESSA) and other revisions to the Code relating to sustainability assurance.

The proposed IESSA and ethics standards for sustainability reporting proposes a clear framework of expected behaviour and ethics provisions for use by all sustainability assurance practitioners (SAP) as well as professional accountants (PAs) involved in sustainability reporting and assurance. The goal of these standards is to mitigate greenwashing and elevate the quality of sustainability information, thereby fostering greater public and institutional trust in sustainability reporting and assurance.

To gain an understanding of the key proposals of the IESSA, you can watch in this module:

1. a presentation by Mr. Channa Wijesinghe, IESBA Board Member and Mr. Geoff Kwan, IESBA Director organised in April 2024; and
2. a fireside chat moderated by Ms. Caroline Lee, ISCA Ethics Awareness Taskforce Member and KPMG Singapore Partner.

The fireside chat is the fifth instalment of a series of bite-sized videos by ISCA’s Ethics Committee to raise awareness of pertinent ethics and independence issues with an impact on the business community. You can also watch Parts 1 to 4 of the Ethics Awareness Series by ISCA Ethics Committee for quick insights and a refresher of the following topics:

• Part 1. Provision of Non-assurance services
• Part 2. 50% Non-audit services fee threshold
• Part 3. Non-compliance with Laws and Regulations (NOCLAR)
• Part 4. NOCLAR – Practical Issues and Solutions

Intended For:

• Audit Professionals / PAIP 
• Finance Professionals  / PAIB 
• Public Sector Finance
• C-suite & Directors

Competency Mapping:

• CPE Category 2 = 1.0 Hour