IFRS S1 & IFRS S2 - The Implications for Auditors Explored

Introduction

Sustainability has become a high profile and increasingly significant topic in recent years.

The development of the first two standards by the International Sustainability Standards Board (ISSB) with the promise of more to come is an important step forward but it is one that has implications for auditors as well as the entities preparing sustainability reports.

The audit profession has been developing new standards to deal with this development. Pre-existing audit standards have provided a basic foundation but one that on its own has been insufficient to cope with the expanding area of sustainability reporting.

Recent developments in this respect are important and any auditor involved in sustainability work needs to be aware of these, whilst at the same time being conscious that this is an area that is likely to evolve further in the not-so-distant future.

This new virtual classroom seminar will make sure you stay up to date in this developing area.

What You Will Learn

This live and interactive session will cover the following:

• The general landscape of sustainability reporting
• The role of the ISSB and the content of the first two IFRS Sustainability Standards
• Implications of IFRS S1 and S2 for the auditor
• Pre-existing audit standards: ISAE 3000 - good but not good enough….
• More recent developments in auditing standards to close the gaps: ISAE 3100 and ISSA 5000

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.