COVID-19: Ethics & Independence Considerations

The COVID-19 pandemic continues to profoundly impact our global financial system. Disruption of production, loss of business and employment, financial distress are becoming economic landmarks of the pandemic and the near-term challenges are never-ending.

During these difficult times, professional accountants must continue to comply with the International Code of Ethics for Professional Accountants, (including International Independence Standards).

This webpage compiles resources that may be useful to assist our stakeholders in navigating some of the challenges ahead.

   

Staff Question & Answers

To help our stakeholders navigate ethics and independence issues that might arise during the COVID-19 pandemic, the IESBA Staff has released the following Staff Q&As.