Structure & Safeguards Phase 1 Revisions to IESBA Code—Agreed in Principle

Jan 24, 2017 | Guidance & Support Tools, Handbooks, Standards, and Pronouncements
219 Pages

The Basis for Agreement in Principle documents summarize the feedback received from respondents to Structure ED-1 and Safeguards ED-1. They explain the rationale for the IESBA’s decisions in agreeing in principle the text of Phase 1 of the Structure and Safeguards projects.

The agreed-in-principle text contains:

  • Restructured provisions covered under Phase 1 of the IESBA’s Structure of the Code project, which are presented using the new structure and drafting conventions for the Code; and
  • Revised and restructured provisions under Phase 1 of the IESBA’s Safeguards project, which are also presented using the new structure and drafting conventions.

It agreed-in-principle mark-up text shows the revisions made to the December 2015 Structure ED-1 and Safeguards ED-1 in finalizing the agreed-in-principle text.

Basis for Agreement in Principle—Improving the Structure of the Code—Phase 1


Basis for Agreement in Principle—Safeguards in the Code—Phase 1


Agreed-in-Principle Text—Structure & Safeguards Phase 1


Agreed-in-Principle Mark-Up Text—Structure & Safeguards Phase 1



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