Misconception: Benefit corporations must be certified or audited

Benefit corporations must use a freely-chosen credible, comprehensive, independent and transparent third party standard to create their benefit report, but they do not need to be certified or audited by that third party standard. Benefit corporations may choose to be certified by a third party standard as a best practice and as a means to attract capital, but there is no requirement to do so. Learn more about benefit corporation reporting requirements.