IESBA's Exposure Draft proposes revisions to the International Code of Ethics for Professional Accountants (including International Independence Standards) that promote the role and mindset expected of professional accountants.
ACCA welcomes the opportunity to comment on the proposals to revise the Code to promote the role and mindset expected of professional accountants. We are supportive of what the IESBA is trying to achieve and the proposals are helpful.
However, we have identified some drafting issues and these are highlighted in our response where appropriate.
We are grateful to have been involved in the Role and Mindset project to help shape changes to the Code in this area and we look forward to working with the IESBA in advancing the restructured Code’s relevance and impact.
To read the full response, please download the consultation document.