The following slide deck presents an overview of the revised and restructured Code of Ethics.

00:12 - Introduction: Diane Jules, IESBA Deputy Director
00:56 - Highlights & Key Developments: Stavros Thomadakis, IESBA Chairman
04:23 - eCode: Don Thomson, eCode Working Group Chair
06:41 - Non-Assurance Services: Jens Poll, Working Group Member
11:48 - Fees: Ian McPhee, Working Group Chair
15:25 - Professional Skepticism: Patricia Mulvaney, Working Group Member
19:35 - Closing Remarks: Diane Jules

Small and Medium Practices Advisory Group

Small- and medium-sized practices (SMPs) are a critically important part of the accounting profession and constitute the vast majority of accountancy practices worldwide. A strong SMP constituency can contribute to increased choice and competition in the market for professional services.

Professional Accountants in Business Advisory Group

Professional accountants in business comprise a significant part of the profession working in commerce, industry, financial services, education, and the public and not-for-profit sectors. The Professional Accountants in Business (PAIB) Advisory Group focuses on ensuring these accountants meet the future needs of business and the public sector.

Professional Accountancy Organization Development & Advisory Group

Established November 2005

The Advisory Group helps IFAC support strong, sustainable professional accountancy organizations—the most effective, efficient, and sustainable source for advancing the accountancy profession—around the world as part of the IFAC’s capacity building efforts. The Advisory Group actively contributes to IFAC’s strategic objectives, especially in preparing a future-ready profession. It primarily focuses on:

This standard sets out a comprehensive framework that covers all forms of inducement and is applicable to both professional accountants in business and professional accountants in public practice in situations involving the offering or accepting of an inducement.