Course Description

Synopsis:

The International Standard on Sustainability Assurance (ISSA) 5000 is effective for periods beginning on or after December 15, 2026.

Planning, risk assessment and response are at the heart of delivering a robust sustainability assurance engagement. Together they enable the practitioner to obtain sufficient appropriate evidence as a basis for their sustainability assurance conclusion. In this second of three "ISSA 5000 in Focus" webinars, it explores what is key to an effective strategy and engagement plan under ISSA 5000, and the essential aspects of identifying and assessing the risks of material misstatement of the sustainability information and designing and performing procedures to respond to those risks.

This session will cover: 

• Developing an overall strategy and engagement plan
• Considering and determining materiality
• Understanding the sustainability matters and sustainability information, the entity and its environment, and the components of its system of internal control
• Determining the suitability of the criteria used to prepare the sustainability information
• Designing and performing procedures to respond to assessed risks, including in relation to qualitative information and estimates and forward-looking information
• Obtaining evidence for sustainability information from group and value chain components, including using the work of experts and other practitioners

Watch more "ISSA 5000 in Focus" webinars at: 

• ISSA 5000 in Focus: Foundational Principles and Concepts (Webinar #1)
• ISSA 5000 in Focus: Concluding and Reporting on Sustainability Assurance Engagements (Webinar #3)

Learn more about ISSA 5000: iaasb.org/focus-areas/understanding-international-standard-sustainability-assurance-5000 

Intended For:

• Audit Professionals / PAIP 

Competency Mapping: 

• CPE Category 3 = 1.0 CPE Hour (sustainability assurance standards)