The GAA is broadly supportive of the IESBA’s endeavors, but highlights the importance of its standards meeting the Public Interest Framework. All the GAA member institutes have cited concerns about implementation of the standard, particularly with those sustainability assurance practitioners who are not professional accountants. The GAA also highlights the importance of alignment with the IAASB’s standards, particularly the proposed ISSA 5000.
The GAA’s members have also each provided separate constructive and detailed input to the IESBA’s request for comments.
Read the full comment letter.