Publication

5 October 2017

How to respond to assurance needs on non-financial information

How do professional accountants respond to the growing demand for assurance on non-financial information (NFI)?

Stakeholders use NFI as an input to their decision making, but they want to know if this information can be trusted. External assurance can strengthen their confidence in the reliability of NFI.

Professional accountants are well-equipped to provide such assurance, as they employ their experience in financial reporting, their knowledge about assurance techniques, and are bound by professional standards.

This discussion paper sets out the context of NFI reporting and assurance, regarding market demand, regulation, and the role of the accountancy profession. Then it provides the 6 key steps for professional accountants to follow while conducting an assurance engagement on NFI. Each of the 6 steps contains ‘Items for discussion’.

Request for feedback

We invite experts on this matter to provide feedback on our ‘Items for discussion’ and any additional views on NFI assurance to Vita Ramanauskaité (vita@accountancyeurope.eu) by 1 December 2017.

Related content

PublicationTowards reliable non-financial information across Europe

19 February 2020

BlogBetter business decisions with assurance on non-financial information

20 June 2019

Press releaseUpcoming project on NFI Directive in collaboration with GRI and CSR Europe

3 July 2017

PublicationDisclose what truly matters

28 November 2016

PublicationFEE issues views on the development of consistent high quality non-financial reporting in Europe

3 March 2016

EventHow to build a credible green bond market

1 December 2021

NewsSustainability will never do without governments

26 November 2021

PublicationAudit facts: what you need to know on audit, auditors and supervision

22 November 2021

Consultation responseEU Taxonomy and Article 8 Delegated Act implementation need clarity

17 November 2021

Consultation responseIASB’s Exposure Draft: Management Commentary and EFRAG’s Draft Comment Letter

15 November 2021

NewsTime to deliver on high quality sustainability reporting

12 November 2021

UpdateSustainability

4 November 2021

PublicationFAQs on sustainability information assurance

3 November 2021

PublicationNon-audit services and auditor’s independence

2 November 2021

Podcast There’s no creation like co-creation: sustainability reporting standards

28 October 2021

EventMembers’ Engagement Day

20 October 2021

EventEarly Warning Europe Day

28 September 2021

NewsReporting Beyond the Financials: Sustainability on the Books

24 September 2021

Consultation responseEC’s proposal of an EU standard for green bonds

22 September 2021

UpdateSustainability

14 September 2021

Consultation responseEFRAG’s consultation paper – due process procedures for EU sustainability reporting standard-setting

14 September 2021

PublicationSustainable tax system: taxes and the environment

31 August 2021

Consultation responseIAASB’s survey consultation: work plan for 2022‒2023

25 August 2021

Consultation responseIFRS Foundation’s Exposure Draft: Proposed targeted amendments to the IFRS Foundation constitution to accommodate an...

22 July 2021

NewsA 360 view on Sustainable Corporate Governance

14 July 2021

Sign up for our newsletter

* indicates required
Would you like to subscribe to our newsletter?
On which topics would you like to receive news?