Document ID: chunk:federal_register_of_legislation:F2025L00107:front:0:p123
Version: federal_register_of_legislation:F2025L00107
Segment Type: other
Provision Reference: 
Character Range: 389065–392334

Strategy and Engagement Plan for Group Sustainability Assurance Engagements

Sustainability Information on Which Assurance Work Will Be Performed (Ref: Para. 96(a))

 1.       For a group sustainability assurance engagement, the determination of the information on which assurance work will be performed is a matter of professional judgement depending on the source of the information (i.e., the entities or business units to which the information relates). Matters that may influence the practitioner's determination include, for example:

           * The nature and extent of disaggregation of the sustainability information. The matters described in paragraph A284 may be helpful in this regard.

           * Whether there are specific locations at which procedures may need to be performed to obtain sufficient appropriate evidence for sustainability information that is important to intended users (e.g., if information about occupational health and safety is of particular importance to users and such information is confined to one or two entities or business units).

           * The nature and extent of misstatements or control deficiencies identified at entities in prior sustainability assurance engagements.

Resources Needed to Perform the Engagement (Ref: Para. 96(b))

 1.       Matters that may influence the practitioner's determination of the resources needed to perform a group sustainability assurance engagement, including component practitioner(s), include, for example:

           * Whether sufficient appropriate evidence is expected to be available from records held by group management, taking into account:

                   + The practitioner's understanding of the entity and its environment.

                   + The entity's system of internal control, including the information system, and its degree of centralisation. For example, the need to involve a component practitioner may be greater when the system of internal control is decentralised.

           * Whether the practitioner is aware of work that has been performed, or will be performed, on sustainability information that has been aggregated from other entities within the entity's control.

           * The geographic dispersion of the entities or business units from which information is aggregated.

           * Management's process for obtaining information from the value chain. In some circumstances, the criteria may permit management to estimate the information to be reported by using sector-average data and other proxies if management is unable to obtain the information after making reasonable efforts to do so.

           * Access arrangements, or any restrictions on access to information. For example, using the work of a component practitioner may be necessary if the practitioner's access to information from an entity in a particular jurisdiction is restricted.

           * The knowledge and experience of the engagement team. For example, a component practitioner may have greater experience and a more in-depth knowledge than the practitioner about laws or regulations, business practices, language and culture.

           * Previous experience of using the work of component practitioner(s).

 1.       In determining the nature and extent