Consultation Paper, Improving the Structure of the Code of Ethics for Professional Accountants
IESBA
Nov 04, 2014 | Exposure Drafts and Consultation Papers
47 Pages
English
Comments due by: Feb 04, 2015
This Consultation Paper seeks input from stakeholders on approaches that could be taken to improve the clarity and usability of the Code, thereby facilitating its adoption, effective implementation, and consistent application.
Among the various matters on which the Ethics Board is consulting are:
- Restructuring the Code to more clearly distinguish requirements from guidance;
- Reorganizing the content of the Code, including rebranding the Code, or parts thereof, as international standards;
- Identifying responsibility for compliance with the Code in particular circumstances; and
- Simplifying the wording of the Code so that it can be more readily understood.
Copyright © 2022 The International Federation of Accountants (IFAC). All rights reserved.
Submitted Comment Letters
1. Chartered Professional Accountants of Canada (Canada)
January 8, 2015
2. FSR (Denmark)
January 13, 2015
3. Jean Thiomas Giraud (Haiti)
January 22, 2015
4. IMA (Institute of Management Accountants)
January 23, 2015
5. National Association of State Boards of Accountancy (NASBA)
January 26, 2015
6. Crowe Horwath International
January 27, 2015
7. Financial Reporting Council (United Kingdom)
January 28, 2015
8. ISCA (Singapore)
January 28, 2015
9. Chartered Accountants Australia and New Zealand (CAANZ)
January 29, 2015
10. The Institute of Chartered Accountants [GHANA] (Ghana)
January 29, 2015
11. Audit Oversight Board, Securities Commission Malaysia (Malaysia)
January 30, 2015
12. International Organization of Securities Commissions (IOSCO) (Spain)
January 30, 2015
13. The South African Institute of Professional Accountants (SAIPA (South Africa)
February 2, 2015
14. American Accounting Association (AAA)
February 3, 2015
15. Institute of Certified Public Accountants of Kenya (Kenya)
February 3, 2015
16. KPMG IFRG
February 3, 2015
17. PwC
February 3, 2015
18. The Institute of Chartered Accountants of Bangladesh (Bangladesh)
February 3, 2015
19. AAT (Europe
)
February 4, 2015
20. Accounting Professional & Ethical Standards Board (Australia) (Australia)
February 4, 2015
21. American Institute of CPAs (United States)
February 4, 2015
22. Asociación Interamericana de Contabilidad (AIC) (Latin America-Caribbean
)
February 4, 2015
23. Association of Chartered Certified Accountants
February 4, 2015
24. BDO (United Kingdom)
February 4, 2015
25. Compagnie Nationale des Commissaires aux Comptes (CNCC) (France)
February 4, 2015
26. DTTL
February 4, 2015
27. EAIG (European Audit Inspection Group) (Europe
)
February 4, 2015
28. European Financial Executives Institutes (EFEI) (France)
February 4, 2015
29. External reporting Board (New Zealand)
February 4, 2015
30. FAR - the Institute for the Accountancy Profession in Sweden (Sweden)
February 4, 2015
31. Hong Kong Institute of Certified Public Accountants (HKICPA) (Hong Kong (Special Administrative Region of China))
February 4, 2015
32. ICAEW (United Kingdom)
February 4, 2015
33. IFAC SMP Committee
February 4, 2015
34. Independent Regulatory Board for Auditors (IRBA) (South Africa)
February 4, 2015
35. Institut der Wirtschaftspruefer in Deutschland e.V. (IDW) (Germany)
February 4, 2015
36. Institute of Certified Public Accountants of Uganda (Uganda)
February 4, 2015
37. KICPA (Korea, Republic of)
February 4, 2015
38. New York State Society of Certified Public Accountants (North America
)
February 4, 2015
39. RSM International Limited (United Kingdom)
February 4, 2015
40. South African Institute of Chartered Accountants (South Africa)
February 4, 2015
41. The Institute of Chartered Accountants of Scotland (ICAS) (United Kingdom)
February 4, 2015
42. The Japanese Institute of Certified Public Accountants (Japan)
February 4, 2015
43. United States Government Accountability Office (GAO)
February 4, 2015
44. WPK- German Chamber of Public Accountants (Germany)
February 4, 2015
45. ZICA (Zambia)
February 4, 2015
46. CPA Australia (Australia)
February 6, 2015
47. Ernst & Young Global Limited (United Kingdom)
February 6, 2015
48. Malaysian Institute of Accountants (Malaysia)
February 6, 2015
49. The Institute of Chartered Accountants of Pakistan (Pakistan)
February 6, 2015
50. Fédération des Experts Comptables Européens (FEE) (Europe
)
February 11, 2015
51. Instituto Mexicano de Contadores Publicos (IMCP) (Mexico)
February 13, 2015
52. ASSIREVI (Italy)
February 16, 2015
53. Denise Silva Ferreira Juvenal (Brazil)
February 16, 2015
54. Office of the Auditor-General of New Zealand (New Zealand)
February 20, 2015
55. Nederlandse Beroepsorganisatie van Accountants (Netherlands)
February 25, 2015
56. International Forum for Independent Audit Regulators (IFIAR)
March 5, 2015
57. The Chartered Institute of Management Accountants (CIMA) (United Kingdom)
April 14, 2015
Related Resources
- 2015 Handbook of the Code of Ethics for Professional Accountants
- Benchmarking International Independence Standards
- IESBA Strategy Survey 2022
- Report on IESBA Accomplishments, 2020 – 2021
- Summary: Benchmarking the International Independence Standards
