Highlights from the IESBA's June 29-July 1, 2015, meeting in New York, NY.

:05 Introduction

:34 Opening Remarks from IESBA Chair Stavros Thomadakis

2:08 Structure of the Code of Ethics for Professional Accountants (the Code)

3:56 Long Association

6:37 Part C of the Code

9:17 Safeguards

13:08 Next Meeting

IFAC applauds the provocative, innovative approach taken in this forward-looking consultation and the AICPA’s broader, holistic efforts toward addressing audit quality. Many of the challenges auditors are facing stem from or are exacerbated by the environment of constant change, technology and related complexities so it is only fitting that the profession should adopt available technologies holistically toward the critical objective of audit quality.