New Era Of Assurance And Ethics Standards For Sustainability In Malaysia

KUALA LUMPUR, Oct 6 (Bernama) -- The Malaysian Institute of Accountants (MIA) has approved the adoption of the International Standard on Sustainability Assurance (ISSA) 5000 and the International Ethics Standards for Sustainability Assurance (IESSA), taking a significant step towards enhancing the credibility and reliability of sustainability reporting and assurance in Malaysia.

As sustainability information becomes increasingly integral to business decisions and takes prominence in corporate reporting, there is also a growing demand for high-quality and reliable assurance over this information. The new standards provide a robust framework to guide sustainability assurance practitioners in upholding public trust and aims to equip practitioners in addressing ethical issues in relation to sustainability.