Financial Audit Procedures Employed in Sustainability Assurance

Financial Audit Procedures Employed in Sustainability Assurance

Blog Article

Assurance on sustainability reports is a 5x4x3 box new concept in Romania and this paper aims to enlarge the vision upon the benefits which can be obtained through involving financial auditors in providing assurance services on non-financial reports issued by companies.Current developments related to non-financial reporting in the European Union indicate that more and more EU-based companies will soon be confronted with more detailed requirements related verona wig to sustainability reporting and stricter audit requirements, such as the mandatory assurance of non-financial reports.Our paper explains and illustrates from a practical perspective the audit procedures performed and the content of assurance reports issued by financial auditors upon auditing non-financial reports.