AICPA Publishes Sustainability Information Attestation Guide

August 4, 2017

Providing accountants guidance on assurance regarding sustainability reporting, the American Institute of Certified Public Accountants (“AICPA”) has published Attestation Engagements on Sustainability Information — Including Greenhouse Gas Emissions Information.

Susan Coffey, the organization’s executive vice president for public practice, said the attestation guide will cover areas aside from reporting on greenhouse gases and encourage consistency in assurance throughout sustainability engagement. The guide offers illustrative examination and review procedures to help accountants differentiate between the procedures. In addition, it features illustrative representation letters and accountants’ reports. The new guidance also addresses certain matters outside of the clarified attestation standards and offers additional guidance on the use of specialists.

Replacing AICPA Statement of Position No. 13-1, Attest Engagements on Greenhouse Gas Emissions Information, the attestation guide comes at a time when sustainability information is becoming a significant part of investment decisions.