CGOV.10:3 - Forces

Governing participants need credible conclusions in time to act. Independence and expertise matter, but distance from the work can also limit access and understanding. An auditor’s professional obligations constrain the conclusion that can be issued; the corporation’s preferred outcome cannot supply its basis.

An obligatory engagement and discretionary additional assurance have different grounds. Cost and delay matter to both, but avoiding cost does not fulfil an applicable reporting duty.