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Organising for quality in sustainability assurance: A literature review
Department of Business Studies, Uppsala University, Uppsala, Sweden.
Södertörn University, Huddinge, Sweden.ORCID iD: 0000-0003-2125-3667
Örebro University, Örebro University School of Business.ORCID iD: 0000-0001-7914-2084
Department of Business Studies, Uppsala University, Uppsala, Sweden.
2024 (English)In: Auditing transformation: regulation, digitalisation and sustainability / [ed] Jan Marton; Fredrik Nilsson; Peter Öhman, New York: Routledge, 2024, p. 228-249Chapter in book (Refereed)
Abstract [en]

This chapter reviews 40 recent articles from top-ranked accounting journals, addressing the current state of knowledge about quality in sustainability assurance. The articles centre around four themes: understanding the process and quality of sustainability assurance; drivers of assurance quality; the relationship between assurance and the quality of sustainability reports; and the impact of assurance on investor reactions to the reported information. The reviewed literature reflects that the traditional focus of accounting firms may expand to cover not only substantive procedures and error restatements but also judgements on completeness under broadened reporting entity boundaries. We identify the role of specialists and the potential needs for specialisation in establishing sustainability report quality and assurance, especially in the context of detecting ‘greenwashing’. Importantly, we find indications that sustainability assurance does affect investor reactions, but does not necessarily control report quality in the same way as financial assurance. The review acknowledges the view that bringing sustainability assurance under the purview of accounting firms may result in positive spill-over effects on financial audit activities, but may also result in potential negative effects from increased distraction and workload, and decreased independence.

Place, publisher, year, edition, pages
New York: Routledge, 2024. p. 228-249
Series
Routledge studies in accounting
National Category
Business Administration
Identifiers
URN: urn:nbn:se:oru:diva-109818DOI: 10.4324/9781003411390-14Scopus ID: 2-s2.0-85170184226ISBN: 9781032533032 (print)ISBN: 9781003411390 (electronic)ISBN: 9781032533056 (print)OAI: oai:DiVA.org:oru-109818DiVA, id: diva2:1813467
Available from: 2023-11-21 Created: 2023-11-21 Last updated: 2023-12-20Bibliographically approved

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Kashyap, Shruti

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CiteExportLink to record
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