The objective of the IESBA’s Fees project is to review the provisions in the International Code of Ethics for Professional Accountants (including the International Independence Standards) (the Code) pertaining to fee-related matters. The project is responsive to a public interest need for IESBA to deal with fee-related matters, including those that impact or are perceived to impact auditor independence – both independence of mind and independence in appearance.  

The project was informed by extensive fact-finding, which include research performed by an academic and a global stakeholder survey on the topic of fees. The results of this fact-finding is summarized in a final report which was considered by the IESBA in June 2018.



Project Stages

Board Papers

March 2019 June 2019 September 2019 December 2019

CAG Papers

March 2019 September 2019

Board Minutes

March 2019 June 2019 September 2019 December 2019

CAG Minutes

March 2019 September 2019


IESBA December 2019 Meeting Highlights

The IESBA approved for exposure proposed revisions to the fee-related provisions in the Code.

The Exposure Draft was released on January 21, 2020 and is open for public comment until May 4,2020.

On March 19, 2020, the IESBA hosted a webinar in which Task Force Chair,  Mr. Ian McPhee highlighted key aspects of the proposed revisions.


Thank you for your interest in our publications. These valuable works are the product of substantial time, effort and resources, which you acknowledge by accepting the following terms of use. You may not reproduce, store, transmit in any form or by any means, with the exception of non-commercial use (e.g., professional and personal reference and research work), translate, modify or create derivative works or adaptations based on such publications, or any part thereof, without the prior written permission of IFAC.

Our reproduction and translation policies, as well as our online permission request and inquiry system, are accessible on the Permissions Information web page.

For additional information, please read our website Terms of Use. ALL RIGHTS RESERVED.