Responding to Non-compliance with Laws and Regulations is an international ethics standard for auditors and other professional accountants. It sets out a first-of-its-kind framework to guide professional accountants in what actions to take in the public interest when they become aware of a potential illegal act, known as non-compliance with laws and regulations, or NOCLAR, committed by a client or employer.
An Overview of NOCLAR: Q&A with IESBA Chairman Dr. Stavros Thomadakis
The standard is the result of an extensive six-year consultative process, including two Exposure Drafts, three global roundtables and extensive outreach to global stakeholders.
The standard will come into effect July 15, 2017.
- See also:
What, Why, Who, When? Key facts about the standard, including who will be affected, and how governments, national professional accountancy organizations, and others can support the standard.
Also available Fact Sheet (RU)
Q&A Video Series: Responding to Non-Compliance with Laws & Regulations
NEW—IESBA Consultative Advisory Group Q&AsHow IESBA's NOCLAR Standard Can Enhance Corporate Governance: Q&A with Anne Molyneux, ICGNValue of NOCLAR Standard to Accountants & Society: Q&A with IESBA CAG Chair Kristian KoktvedgaardImportance of NOCLAR Obligations in Preventing & Detecting Bribery: Q&A with Lucy Elliott, OECDWhat Investors Need to Know about NOCLAR: Q&A with Matt Waldron, CFA Institute
IESBA Chairman & Member Q&As
IESBA Deputy Chair Richard Fleck takes accountants through key aspects of the standard, Responding to Non-Compliance with Laws and Regulations (NOCLAR), answering the following questions: - To whom does the standard apply? - How have the requirements changed? - How will the standard apply in countries that don’t have safe harbor provisions for whistleblowers? Learn more at www.ethicsboard.org.What Accountants Need to Know about NOCLAR: Q&A with IESBA Deputy Chair Richard FleckAn Overview of NOCLAR: Q&A with IESBA Chairman Dr. Stavros ThomadakisWhat SMPs Need to Know about NOCLAR: Q&A with IESBA Member Brian Caswell
PowerPoint: NOCLAR Overview