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 ([email protected]) 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

EventSustainability assurance under the CSRD: practical implications

22 June 2022

EventCSRD & Corporate Governance: the evolving role of audit committees

20 June 2022

Consultation responseEC’s corporate sustainability due diligence proposal

20 May 2022

UpdateSustainability

11 May 2022

PublicationSustainability assurance under the CSRD

10 May 2022

Consultation responseLetter to Commissioner McGuinness on European sustainability reporting standards

21 April 2022

PublicationESG Governance

12 April 2022

UpdateSustainability

8 April 2022

EventCSRD: state of play before the final EU negotiations

30 March 2022

UpdateSustainability

11 March 2022

NewsEU Corporate Sustainability Due Diligence Directive: a global milestone that will need further clarity

24 February 2022

NewsExecutive directors’ bonuses must be linked with sustainability objectives

16 February 2022

UpdateSustainability

10 February 2022

NewsStronger corporate reporting in Europe – solutions by the accountancy profession

2 February 2022

Consultation responseEC’s consultation on corporate reporting – improving its quality and enforcement

2 February 2022

PublicationSupply chain sustainability assessment

28 January 2022

EventBecause Green Recovery Counts

27 January 2022

UpdateSustainability

14 January 2022

UpdateSustainability

9 December 2021

In the mediaSustainability reporting: why should SMEs care?

3 December 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?