Press Releases/News Alerts, Press Releases
Apr 19, 2017
New York, New York
IESBA Embarks on Strategic Review; Seeks Input From Stakeholders
The International Ethics Standards Board for Accountants® (IESBA®) today released an online survey seeking comments, views, and insights from all stakeholders to help shape its future strategic direction. The survey closes on July 18, 2017.
The survey seeks early input into the key issues the IESBA should address that might impact its Code of Ethics for Professional Accountants™ (the Code). This is a first step in the development of the IESBA’s strategy and work plan beyond 2018.
“By the end of 2017, the IESBA expects to have completed major projects to strengthen the Code as well as restructure it for greater clarity and usability. We recognize that beyond these improvements, it is in the public interest to continue to enhance the Code as a bedrock of public trust in the global accountancy profession, and to promote its further adoption and effective implementation around the world,” said Dr. Stavros Thomadakis, IESBA Chairman. “This survey is an important first step in gathering views on specific developments, needs, and priorities that will enable the Code to remain globally relevant, reinforce its high quality, and facilitate adoption and effective implementation.”
Responses to the survey will inform the IESBA’s development of a formal consultation paper on its Strategy and Work Plan beyond 2018. The consultation paper is expected to be issued in 2018.
A pdf version of the survey is also available.
About the IESBA
The IESBA is an independent standard-setting board that develops and issues, in the public interest, high-quality ethical standards and other pronouncements for professional accountants worldwide. Through its activities, the IESBA develops the Code of Ethics for Professional Accountants, which establishes ethical requirements for professional accountants. The structures and processes that support the operations of the IESBA are facilitated by IFAC. Please visit www.ethicsboard.org for more information, and follow us on Twitter @Ethics_Board.
IFAC is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC is comprised of more than 175 members and associates in more than 130 countries and jurisdictions, representing almost 3 million accountants in public practice, education, government service, industry, and commerce.