The International Ethics Standards Board for Accountants (IESBA) has released the 2018 International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code), that will be effective in June 2019. The 2018 Code has been substantially restructured and revised, meaning that Professional Accountancy Organisations (PAOs) will play a crucial role in supporting adoption, raising awareness of the new Code, and supporting the proper implementation of ethical requirements amongst professionals on a day-to-day basis.
The IESBA is hosting two (2) webinars to support wider understanding of the 2018 Code. During the webinar, the IESBA representatives will explain the Code’s new structure; and the substantive revisions, including to the conceptual framework and provisions relating to inducements, including gifts and hospitality; pressure; and preparing and presenting information. The webinar will also touch on the new Non-compliance with Laws and Regulation (NOCLAR) and revised Long Association provisions which are already effective; as well as the IESBA’s e-Code initiative.
We encourage all members of the Institute to join the IESBA during one of these times. The webinars are free of charge and will earn participants 2 CPD points. Remember to put “ICPAU” in parentheses next to your name at the time of registration.
Please visit http://www.ifac.org/news-events/2019-02/two-iesba-global-ethics-webinars-support-revised-and-restructured-code-ethics, and click the link on the preferred date below to register: