2012 IESBA Annual Report

    Filter By


    Annual Reports and Plans


    Published: Aug 29, 2013
    23 Pages



    2012 IESBA Annual Report
    Connecting and Engaging with Our Global Stakeholders

    The 2012 IESBA Annual Report  introduces Jörgen Holmquist, the first independent chair of the Ethics Board, and details the board’s ongoing commitment to developing high-quality ethics standards for the global accountancy profession. It also emphasizes the board’s further commitment to promoting and facilitating the adoption and effective implementation of these standards around the world.

    The report summarizes the progress made on the IESBA's Work Plan, which in 2012 included finalizing three pronouncements—breach of a requirement of the Code of Ethics for Professional Accountants (the Code), conflicts of interest, and a revised definition of the term “engagement team.” The report also highlights the board’s efforts in exploring appropriate ethics standards for professional accountants in one of the most challenging projects the board has undertaken so far—responding to a suspected illegal act. It also details the board’s outreach activities and includes a report from Richard Fleck, chair of the IESBA Consultative Advisory Group.

    2012 IESBA Annual Report (PDF | 2.3 MB)
    Connecting and Engaging with Our Global Stakeholders


    Related Resources