Complimentary for Members

September 22, 2026

Webcast

AND

In-Person

FAE Learning Center - New York
200 Madison Avenue, 11th Floor, New York, New York 10016

NASBA 1
•
NYSED 1

Proposed AICPA Attestation Standards Navigate a Materiality Paradox

September 22, 2026
In Person + Online
NASBA 1
•
NYSED 1

Proposed AICPA Attestation Standards Navigate a Materiality Paradox

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    Instructor

    Ed
    Esposito

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    Mr. Ed Esposito, CPA

    Bio
    Ed Esposito, a past Director of NYSSCPA, is a Forensic and Sustainability Accountant. He frequently lectures to CPA’s on sustainability accounting, which measures, analyzes, and reports an organization’s environmental, social and governance (ESG) impacts. Mr. Esposito is a member of the Sustainability Accounting and Reporting Committee of the New York State Society of CPA (NYSSCPA) where he has drafted all of their comment letters. He earned the Fundamentals in Sustainability Accounting (FSA) Credential from the Sustainability Accounting Standards Board (SASB) which is now part of the IFRS Foundation. Mr. Esposito owned an accounting firm specializing in forensic accounting and business valuation for 10 years. Mr. Esposito was frequently appointed as an expert witness by the Supreme Court of New York. Mr. Esposito was chair of the Business Valuation Committee, where he organized their annual conferences for 5 years. He was president of a luggage cart manufacturer for 25 years. Mr. Esposito started his accounting career at Coopers & Lybrand, now Price Waterhouse Coopers (or PWC), and is a graduate of Pace University.

The Proposed AICPA Attestation Standards are sorely needed to address unique challenges in sustainability assurance, particularly in how CPAs determine materiality. The Proposed Standards change the definition of materiality and adopt three new materiality concepts from ISSA 5000.

Learning Objectives

  • Upon completion of this course, the audience will be able to understand how the GRI and ESRS Standards create a materiality paradox and the differences between these standards and the IFRS Sustainability Standards.
  • To understand how the Proposed Attestation Standards are based upon and encourage the use of International Standard on Sustainability Assurance (ISSA) 5000.
  • To identify the advantages of using ISSA 5000 and the loophole to use it in the current AICPA Attestation Standards.

Major Topics

  • GRI, ESRS, and IFRS differences
  • Materiality paradox overview
  • ISSA 5000 and attestation standards
  • ISSA 5000 benefits and loopholes

CPE Credits Available

NASBA 1
NYSED 1
1
Auditing (NASBA) - NASBA
1
Auditing (NYSED) - NYSED

FAE Learning Center - New York

200 Madison Avenue, 11th Floor, New York, New York 10016

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Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Auditing (NYSED)

Prerequisites

None

Intended Audience

CPAs interested in Sustainability Accounting , AICPA Audit & Attestation Standards, and International Accounting and Auditing Standards.

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