The Double Materiality Audit: Assurance of ESG Disclosure

#audit is increasingly being called upon to provide assurance on #esg #claims made by their clients, in addition to assessing the accuracy of financial numbers. The concept of #doublemateriality, which involves assessing materiality from both financial and non-financial aspects, is becoming increasingly important in audits. This paper proposes an audit approach that incorporates a “double materiality” lens of financial and ESG data to evaluate the #compliancerisk of ESG #disclosure.

LIRE

Posts récents

Voir tout

The Divergence of Auditors’ Stated Risk Assessments to Clients’ Use of AI

This study explores how AI affects auditors' judgments on complex estimates. It finds that when clients use AI for estimates, auditors' planned responses don't match their risk assessments. Auditors t

Ai Liability in Europe: The Problem of the Human in the Loop

Determining liability for AI-caused harm lacks clear answers. In cases involving Tesla autopilot accidents, unfair discrimination by AI in HR, or medical procedures, responsibility is blurry. The EU's

Adverse Development Cover for Property & Casualty Insurers

"An adverse development cover (ADC) is a form of an excess of loss reinsurance contract that provides coverage for future loss payments relating to claims incurred prior to a specified date… A framewo