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.

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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

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