Fuldstændighed i DMA processen

Abstract

In the context of the EU Green deal and an increasing demand for high quality sustainability reporting, the European Union has published the Corporate Sustainability Reporting Directive (CSRD), and in its tracks follows the common standards for European sustainability reporting, namely the ESRS. One of the key principals in the ESRS, is the double materiality assessment (DMA). This thesis takes a closer look at completeness challenges the double materiality assessment. The first part of the analysis outlines the auditor’s obligation to ensure completeness in an undertaking’s double materiality assessment, with respect to the requirements in ISAE 3000 and from public expectations. The second part of the analysis examines completeness risk in the DMA process from an assurance point of view. Furthermore, it investigates the auditor’s ability to address and ensure the completeness of an undertaking’s DMA, in relation to a CSRD sustainability assurance engagement.In conclusion, the thesis specifies that the auditor does have certain obligations to respond to completeness issues in the DMA process, when performing a limited assurance engagement after ISAE 3000. It identifies an elevated risk that an undertakings DMA is incomplete, and it points out where in the DMA processes that risk arise. Furthermore, the thesis uncovers that the auditor have several options in dealing with completeness risk in the DMA process, which are strong in some areas, and less so in others.