Supporting International Standards

PAIB Committee Response to the IESBA Exposure Draft on Proposed Changes to the Code of Ethics for Professional Accountants Addressing Responding to Non-Compliance with Laws and Regulations

Sep 04, 2015 | Comment Letters
7 Pages

TheIFAC Professional Accountants in Business (PAIB) Committee sees the Exposure Draft from IESBA as a significant improvement over the original Exposure Draft (Proposed Changes to the Code of Ethics for Professional Accountants Addressing Responding to a Suspected Illegal Act) in August 2012 and believe it addresses many of the significant concerns we raised in our previous response.

However, the Committee offers additional perspectives and suggestions to the revised proposed changes, including clarifying the need for the proposed changes, clarifying the meaning of "becoming aware" of possible non-compliance, and more.


Copyright © 2022 The International Federation of Accountants (IFAC). All rights reserved.


Related Resources


Get the latest updates delivered to your inbox

Subscribe now



View Boards Site


Translations & Permissions

Looking to reproduce the standards for your members? Want to include IFAC's publications in your training materials or university course? Learn how we can help.

IP permissions and policies

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.