Deloitte Global Sustainability Assurance Methodology Training
The Deloitte Global Sustainability Assurance Methodology Training was conducted on 20 April 2017 to help our participants understand the approach and tools used to perform Sustainability Assurance Engagements. Deloitte sustainability professionals from the region were welcomed to Singapore to attend this inaugural session of a second wave of training sessions conducted by Deloitte Global Sustainability team. Similar training was held two years ago when the methodology was first launched.
The Training was held at the Deloitte Singapore office and saw the participation of over 25 Deloitte sustainability professionals from our regional practice.
Eric Dugelay, the Global Leader for Deloitte Sustainability Services, led the training session and provided an introduction relating to assurance on sustainability information. He shared about the growth of the sustainability portfolio worldwide and the global outlook for assurance on sustainability information. The participants were then given a chance to interact and get to know each other better.
The training welcomed two speakers for the day – Inna Vodovoz, Senior Manager from Deloitte US and Rayson Ng, Senior Manager from Deloitte Singapore. Inna, the key trainer for the session touched upon the International Standards on Assurance Engagements before moving on to the Global Sustainability Assurance Approach. Rayson supported the session by sharing on the various tools used while performing sustainability assurance engagements.
Some key points shared during the training were of collaboration between countries on sustainability projects, and sustainability assurance tools to help coordinate and facilitate engagements. The levels of assurance (reasonable and limited) were discussed comprehensively, and participants also had the opportunity to learn about the many ways approach to identify and address the risks of material misstatements.
The practitioners were extremely proactive, and raised many queries and concerns during the training. There was also a healthy exchange of ideas, as well as sharing among participants of past experiences and lessons learned. The engaging session definitely helped to increase the interest in the subject of sustainability assurance.
The session concluded with a time of question and answer with the trainers. Many participants got the chance to clear their doubts regarding the various approaches used to performing a sustainability assurance engagement. The group then had some time to mingle and network to find out more about the services that each member firm and practice are providing, as well as the challenges that they might face respectively in their businesses.
Overall, the feedback received for the session was great and participants were happy with the event as they benefitted from the training. They acquired a new skill which eventually helps drive the sustainability portfolio.