The Staff of the International Ethics Standards Board for Accountants (IESBA) today released a Question and Answer (Q&A) publication, COVID-19: Ethics and Independence Considerations, to highlight aspects of the International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code) that can be relevant in navigating ethics and independence challenges and risks as a result of the COVID-19 pandemic.

The two-part document covers firstly topics relevant to all professional accountants, and secondly, topics pertinent to auditors and other professional accountants in public practice. Dr. Stavros Thomadakis, Chairman of the IESBA, offers his thoughts in the publication’s foreword.

The document can be found on the IESBA’s COVID-19 resource page, which serves as the Board’s landing page for topics related to COVID-19, including links to useful resources.

This Questions and Answers (Q&A) publication was developed by the staff of the IESBA to highlight aspects of the International Code of Ethics for Professional Accountants (including International Independence Standards) that might be relevant in navigating ethics and independence challenges and risks as a result of the COVID-19 pandemic.