Publication Highlights Recently Released Revisions to the Code to Better Promote the Role and Mindset Expected of All Professional Accountants.
The IESBA has released a new Fact Sheet providing an overview of the Board's recently released revisions to the International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code) to better promote the role and mindset expected of all professional accountants.
The Role and Mindset Revisions, released in early October, explicitly recognize that the accountancy profession is entrusted with public confidence in the wide-ranging roles it plays in society and that such confidence is based on the skills and values it brings to its professional activities. Importantly, they reaffirm the profession’s responsibility to act in the public interest and the fundamental role of the Code in meeting that responsibility.
Download the fact sheet here.