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Chapter 17

Audit of social, environmental and

integrated reporting

Outcome

By the end of this session you should be able to:

 plan an engagement to provide assurance on integrated reporting (performance
measures and sustainability indicators)

 describe the difficulties in measuring and reporting on economic, environmental
and social performance and give examples of performance measures and
sustainability indicators

 explain the auditor’s main considerations in respect of social and environmental
matters and how they impact on entities and their financial statements (e.g.
impairment of assets, provisions and contingent liabilities)

 describe substantive procedures to detect potential misstatements in respect of
socio-environmental matters

 discuss the form and content of an independent verification statement of an
integrated report

and answer questions relating to these areas.

The underpinning detail for this chapter in your Integrated Workbook can
be found in Chapter 17 of your Study Text

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