This guidance was written for all organizations, regardless of their size or structure, private or public, to support the accountancy profession’s facilitation of sustainable organizations, financial markets, and economies by providing guiding principles to manage the complexities of performing a robust project and investment appraisal. Greater rigor in the appraisal and decision process can be achieved by using the principles as a benchmark against which to assess an organization’s current practice.

A strong and well-governed professional accountancy organization (PAO) produces and sustains a strong accountancy profession that is able to serve the public interest and contribute to economic stability and growth. A successful PAO gains much of its strength from the sense of identity, benefits, and rights that members derive from membership; and from the contributions that individual members and firms make to the PAO in recognition of its public interest perspective.

This third edition of the guide features enhancements to the two sample manuals, as well as other refinements for clarity and consistency with International Standard on Quality Control (ISQC) 1. The guide contains the requirements set out in ISQC 1 in addition to implementation guidance, including discussion material and an integrated case study that can be used as the basis for education and training.

Ms. Kotwal is the Chairperson of ICAP’s Digital Assurance and Accounting Board, as well as ICAP’s AML Board. She actively participates with global accounting bodies in CAPA, CAW and SAFA.

She is double qualified as a Fellow Chartered Accountant & Fellow Corporate Secretary. She is the Certified Director and Chairperson of the ICAP Audit Committee. She is the founder of a management consultancy, Aasman International, and has served as its Chief Executive since 2010.

The Lebanese Association of Certified Public Accountants' (LACPA) 22^nd International Congress: “Financial Inclusion for a Sustainable Economy” will take place in Beirut from 30 September to 2 October 2025. The three-day program convenes global and regional leaders to explore inclusion, digital transformation, sustainability reporting, public-sector reforms, and assurance. The participation fee is USD 250.

Keynote Speakers include:

The assurance engagement culminates in the practitioner’s conclusion about whether the sustainability information is free from material misstatement.  The practitioner’s conclusion and assurance report are the ultimate deliverables of the sustainability assurance engagement and are designed to enhance the degree of confidence of intended users about the entity’s sustainability information.

Being well prepared sets the tone for a successful sustainability assurance engagement. In this session, IAASB experts will walk participants through the fundamental concepts and underlying premises for applying ISSA 5000—explaining its scope, authority, and why it was developed—and addressing overarching matters in preparing to perform a high-quality sustainability assurance engagement, including making sound engagement acceptance decisions. 

Offered at two different times to accommodate a global audience, this webinar will cover: 

Wesal Alqarawi is a Communications and Public Relations Lead at the Saudi Organization for Chartered and Professional Accountants (SOCPA). In her role, she drives strategic communication initiatives that strengthen SOCPA’s influence in advancing the accounting and auditing profession in Saudi Arabia and internationally. She leads partnerships with key stakeholders, oversees high-profile events, and develops impactful communication strategies to enhance visibility and engagement.

With over a decade of experience spanning public relations, communications, and translation management, Wesal has held progressive leadership roles, including Team Lead at Vinnell Arabia, a Northrop Grumman subsidiary, where she spearheaded quality initiatives and contributed to successful ISO certifications.

She holds a Bachelor’s degree in English Translation from King Saud University and multiple certifications, including ISO 17100 & ISO 9001 Lead Auditor Training. Recognized for her excellence, Wesal has received several awards, including SOCPA’s Employee of the Year (2023) and Northrop Grumman’s Global Quality Award (2017).