Why does assurance over a company's sustainability report add value for users?
Answer and explanation
Correct answer: D. An independent conclusion increases confidence in the information
- Step 1: Users cannot easily verify sustainability data themselves.
- Step 2: Independent assurance increases their confidence, within the limits of the engagement.
Answer
An independent conclusion increases confidence in the information.
Why not the others: Assurance concerns reported information, not future performance. The company still needs to collect the data for the practitioner to examine. Responsibility for the report remains with the directors.
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