The objective the IESBA’s Role and Mindset Expected of Professional Accountants (Role and Mindset) project is to ensure that the Code promotes the role, mindset and behavioral characteristics expected of all professional accountants when performing their professional activities.
The project was informed by the feedback from respondents to the IESBA’s May 2018 consultation paper (CP) Professional Skepticism – Meeting Public Expectations, and the input from the four global roundtables held in June and July 2018 in Washington, DC, U.S.A.; Paris, France; Tokyo, Japan; and Melbourne, Australia.
IESBA June 2019 Meeting Highlights
The Board approved for exposure proposed revisions to the Code aimed at promoting the role, mindset and behavioral characteristics expected of all professional accountants.
The Exposure Draft is expected to be released by the end of July 2019 and will be open for public comment for 90 days.