The International Ethics Standards Board for Accountants (IESBA) has announced the launch of two Exposure Drafts (EDs):

• International Ethics Standards for Sustainability Assurance ED (IESSA), which includes revisions to the existing Code related to sustainability reporting. The goal of these standards is to mitigate greenwashing and elevate the quality of sustainability information, thereby fostering greater public and institutional trust in sustainability reporting and assurance. and
• Using the Work of an External Expert ED. This proposes an ethical framework that will provide guidance when evaluating whether an external expert has the necessary competence, capabilities and objectivity in order to use that expert’s work for the intended purposes. The proposals also include provisions to aid in applying the Code’s conceptual framework when using the work of an external expert.

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MIA would like to invite its members to contribute to this consultation process by sending their feedback to technical@miamalta.org by 29 March 2024. Comments received will be taken into consideration when drawing up MIA’s consolidated feedback.