Building Trust & Ethics

IFAC Small and Medium Practices (SMP) Committee Response to the International Ethics Standards Board for Accountants (IESBA) Exposure Draft: Improving the Structure of the Code of Ethics for Professional Accountants—Phase 1

SMP Committee
Apr 18, 2016 | Comment Letters
English

The IFAC SMP Committee supports the approach to restructuring taken by the IESBA and the general direction of the project. The work undertaken to increase the clarity of the language will help the understandability of the Code, in particular the simpler and shorter sentences and increased use of the active voice. The SMP Committee believes that the needs of the SMP community should be at the forefront as the IESBA takes this project forward in Phase 2. The IESBA needs to engage more with this important constituency as it develops the next Exposure Draft in order to ensure their views are taken into consideration.

For specific comments, read the full comment letter below. 

 

Copyright © 2020 The International Federation of Accountants (IFAC). All rights reserved.

 

Related Resources

 

Looking for the standard-setting boards?

View Boards Site

Primary tabs

Thank you for your interest in our publications. These valuable works are the product of substantial time, effort and resources, which you acknowledge by accepting the following terms of use. You may not reproduce, store, transmit in any form or by any means, with the exception of non-commercial use (e.g., professional and personal reference and research work), translate, modify or create derivative works or adaptations based on such publications, or any part thereof, without the prior written permission of IFAC.

Our reproduction and translation policies, as well as our online permission request and inquiry system, are accessible on the Permissions Information web page.

For additional information, please read our website Terms of Use. ALL RIGHTS RESERVED.