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ISSA 5000 | What this means for you

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March 19, 2025

IAASB’s ISSA 5000 Sets the Global Standard for Sustainability Assurance

The International Standard on Sustainability Assurance, or ISSA 5000, developed by the International Auditing and Assurance Standards Board (IAASB) in late 2024, is widely expected to be the global benchmark for sustainability assurance, influencing the future of sustainability audits. As regulatory mandates for sustainability reporting increase, organisations seeking...
Apeksha Jain is based out of Hong Kong, where her journey with Protiviti began three years ago. Before that, she was born and raised in India and started her career there, working in the technology consulting and management consulting space. During that time, her employers included IBM and Deloitte. A few years ago, she and her husband moved to Hong Kong, where Deloitte was an option for her, but she wanted to do…
In today’s digital era, IT teams are often swamped by incoming requests and find it difficult to keep pace with the rapidly growing and changing demands from businesses. While they are working on initiatives, they lack the business understanding and hence fail to appropriately prioritise incoming requests. To be able to manage both IT resources and business/stakeholder expectations, CIOs should have a clear view of…
Businesses are experiencing increased agility and reliability – and cost reductions – through cloud transformation but adopting cloud solutions can result in new risks. Sometimes, they impede enterprise vision and regulatory compliance. Applying an appropriate framework to help manage the risk of cloud adoption can mitigate or even eliminate these hazards. In an earlier blog, we introduced the cloud control…
In today’s rapidly evolving business world, the lines between technology and business have blurred. Organisations need to modernise and transform their technology in order to successfully compete. CIOs play a critical role in transforming the world of work using automation and technology – but they can’t do it alone. Collaboration among the C-suite is critical. In this blog series, Protiviti’s Technology Consulting…
The Digital Age is forcing businesses to seek new ways to avoid falling behind and better serve their customers. Business agility enables organisations to respond quickly to market changes and employee or customer demands without compromising quality. Traditional hierarchical siloed methods no longer work in this environment. Companies seeking speed, innovation and greater customer focus have prioritised working in…
Ensuring IT risks are managed, and compliance requirements are met has only intensified with the recent rapid growth in adoption of cloud services. Deployment of production workloads, migration of regulated systems and increasing storage of large volumes of data in the cloud has driven the need for security and controls to be deployed across customer cloud environments.
In today’s rapidly evolving business world, the lines between technology and business have blurred. Organisations need to modernise and transform their technology in order to successfully compete. CIOs play a critical role in transforming the world of work using automation and technology – but they can’t do it alone. Collaboration among the C-suite is critical. In this blog series, Protiviti’s Technology…
Cybersecurity, Privacy, Data and Resilience Dominate the Top Technology Challenges for Energy and Utilities Organisations.
Is Your Organisation Underpaying or Overpaying its Employees? No organisation wants to be headline news for underpaying its employees. However, many businesses are being publicly ostracised for violating enterprise agreements (EAs) in Australia. Not only are EAs incredibly complicated, wage law is also evolving rapidly, with Victoria and Queensland passing legislation in 2020. Unfortunately, rapid and complex EAs…
Big changes are coming to how the insurance industry recognises and reports out financial performance. But the effects won’t be felt just in the accounting department.IFRS 17, Insurance Contracts, and its U.S. companion, accounting standard ASU 2018-12, Targeted Improvements to the Accounting for Long-Duration Contracts, are intended to add clarity for investors in the wake of events and financial improprieties such…
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