What two levels of assurance can be provided for greenhouse gas emissions statements according to ISAE 3410?

The correct answer, which indicates that the two levels of assurance that can be provided for greenhouse gas emissions statements according to ISAE 3410 are reasonable and limited, is grounded in the principles established within the standard itself.

ISAE 3410 outlines the framework for assurance engagements specifically related to greenhouse gas emissions. In this context, reasonable assurance refers to a high but not absolute level of certainty that the information presented is free of material misstatement. This level typically involves a more extensive evaluation of the underlying data and controls, leading to a strong conclusion that the statements are accurate.

On the other hand, limited assurance involves a lower level of scrutiny compared to reasonable assurance. It generally provides a moderate level of certainty, meaning that the practitioner performs fewer procedures and the assurance obtained may be less comprehensive. The conclusion drawn gives users a slightly less confident assurance that the emissions statements are reliable.

This distinction between reasonable and limited assurance is key in practice, guiding practitioners in how they approach their reviews and report their findings on greenhouse gas emissions. The other choices do not align with the terminology and definitions established in ISAE 3410.