Third-party assurance

Third-party assurance involves an independent organization evaluating a company’s processes, controls, or information to verify accuracy, compliance, or security. This external review provides confidence to stakeholders—such as investors, customers, or regulators—that the company meets certain standards or best practices. Essentially, the third party acts as an unbiased verifier, reducing the risk of errors or misconduct, and helping the company demonstrate transparency and reliability. It’s common in areas like financial reporting, cybersecurity, and sustainability, where objective validation enhances trust and credibility.