Post-Implementation Review (PIR) of the Restructured Code

The objectives are to:

(a)          Determine whether the restructuring of the Code through revising its structure and redrafting its provisions has achieved its                                         intended purpose by identifying:

              (i)          Benefits from the restructuring of the Code; and

              (ii)         Any practical challenges or questions regarding the understandability and usability of the Code, including whether it is                                                     being consistently understood and applied; and

(b)          Determine what actions, if any, are needed by the IESBA to address identified matters.

IESBA Staff

Geoff Kwan

Greg Walters

Board Advisors

Saadiya Adam

Rania Uwaydah

Sung-Nam Kim

IESBA September 2026 MEETING HIGHLIGHTS

The IESBA considered the Project Team’s full analysis of survey responses to the PIR of the Restructured Code, focusing on the clarity and usability of the Code. 

The IESBA accepted the Project Team’s recommendations to take certain near-term actions, including enhancing the Guide to the Code, updating the electronic Code (eIS) and improving its functionality, and clarifying the Code’s drafting conventions. The IESBA agreed that feedback from survey respondents on the length and complexity of the Code goes beyond the PIR’s scope and reflects a need for further dialogue with stakeholders to better understand areas of particular challenge. 

The IESBA also considered an update from the Project Team on how it had applied the IESBA SMART framework to the workstream. 

The IESBA will consider an update from the Project Team, including a plan for implementing the recommendations, at its December 2026 meeting.