Services Requiring Compliance with NICG

In an increasingly regulated business environment exposed to public scrutiny, compliance with international standards is not an option, it is a necessity. International Standards for Information Assurance Engagements (NICG) represent the framework that regulates the quality and reliability of certain services provided by public accountants.

These standards apply especially when the professional issues a technical conclusion or judgment that will be used by interested third parties: boards of directors, investors, regulators, among others.

Which services require compliance with NICG?

• Engagements other than historical audits that involve professional judgment (for example, compliance checks, ESG reports, or evaluation of internal controls).
• Corporate governance services that present results to the Board.
• Compliance analysis requested by third parties (e.g., tax, labor, or environmental compliance).
• Technical opinions in regulatory or assurance contexts.

Why is it important?

Compliance with ISCGs ensures the objectivity, independence, and technical quality of professional work. It instills confidence in the report’s users, protects the firm’s reputation, and demonstrates commitment to international best practices.