IFAC Response to ICAEW Public Interest Guidance Consultation

IFAC recently responded to the Institute of Chartered Accountants of England and Wales (ICAEW)’s Consultation on Guidance on Aspects of the ICAEW Code of Ethics. The consultation addresses the public interest responsibility of accountants; identifying and managing conflicts; and determining the basis of charging fees.

IFAC values the opportunity to comment and commends the ICAEW on its efforts to clarify and illuminate important ethical topics. In the response, IFAC comments specifically on the public interest and global consistency.