Sustainability is becoming an integral part of all businesses and organisations, including listed companies, small and medium enterprises, social enterprises and public agencies. More recently and critically, there is an increased focus on the environmental, social and governance (ESG) pillars of sustainability and the impact of climate change. Companies are facing escalated expectations from different stakeholders that ESG is an integral component of the company’s business strategies.
In respect of assurance, Singapore Exchange Regulation proposes to require issuers to subject their Sustainability Reports to assurance by their internal auditors. The scope should minimally include assurance on whether the data being reported is accurate and complete.
In her speech delivered at the IIA Singapore Annual Conference on 2 November 2021, Ms Grace Fu, Minister for Sustainability and the Environment, said that “the internal audit function will have to evolve” and has a role to play “in helping organisations address climate change with the responsibility to anticipate risks”.
So, how can internal audit provide assurance on whether data being reported is accurate and complete while assuming the responsibility of anticipating risks?
Attendees of this webinar will gain a greater understanding of:
- How internal audit can provide objective assurance on the sustainability data collected by the organisation using a risk-based approach.
- How to comply with the International Professional Practices Framework (IPPF) while providing assurance.
Group Head, Internal Audit,
Singapore Technologies Engineering Ltd and
Governor of IIA Singapore
Stephen has more than 20 years of experience in all facets of internal audit, accounting, financial management, financial analysis, and controllership in BASF South East Asia Pte Ltd, the world’s largest chemical firm. Prior to joining ST Engineering Ltd in 2019, he was SVP, Head Internal Audit in CDL Limited. He holds an MBA in Finance and Investment and the professional qualification of FCCA.
Free for IIA/ISACA Singapore* members and S$35 for non-members.
*For IIA Affiliate/ISACA Singapore members, kindly input the promo code "SUSAUD04" to enjoy complimentary registrations.
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