The International Ethics Standards Board for Accountants® (IESBA®, the Ethics Board) is an independent standard-setting body that serves the public interest by setting robust, internationally appropriate ethics standards, including auditor independence requirements, for professional accountants worldwide. These are compiled in the Code of Ethics for Professional Accountants™ (the Code).
Comment Period Open: Long Association Provisions
The IESBA has proposed changes to certain provisions addressing long association of personnel with an audit or assurance client in the Code of Ethics for Professional Accountants™. The changes aim to enhance the independence provisions in the Code. Comments are requested by November 12, 2014.