This white paper – developed as part of our global focus on rethinking business for a sustainable recovery – explores what ethics now means in a Covid-19 world, looking at the key areas of challenges that organisations are experiencing.
Fostering Economic Recovery through Green Finance Education
On 14 October 2020 at 11.00 CET, the Green Finance Platform and the Association of Chartered Certified Accountants (ACCA) will host a webinar, “Fostering Economic Recovery through Green Finance Education” to discuss many of these issues.
ACCA's response to FCA consultation on the OPBAS Sourcebook, Bounce Back Loan Scheme and a rule clarification to confirm the ability of the FSCS to declare in default firms and successors subject to the proposed new moratorium under the Insolvency Act 1986.
IESBA Proposed Revisions to the Non-Assurance Services (NAS) Provisions of the Code
ACCA and CA ANZ joint response on the proposals to revise the non-assurance services (NAS) provisions of the International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code).
IESBA Proposed Revisions to the Fees-Related Provisions of the Code
ACCA and CA ANZ joint response to IESBA's Exposure Draft aimed at strengthening the fee-related independence provisions of the International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code).
Joint submission by ACCA and CA ANZ on Proposed Revision to the Code Addressing the Objectivity of Engagement Quality Reviewers
Joint submission by Chartered Accountants Australia and New Zealand and the Association of Chartered Certified Accountants to an exposure draft issued for public consultation by the International Ethics Standards Board for Accountants (IESBA)
Recovering the costs of OPBAS: Feedback on CP19/13 and consultation on fee-rate for 2019/20
ACCA welcomes the opportunity to provide feedback on FCA's proposed fee-rate for OPBAS 2019/20.
In the absence of any clarity or assurance on OPBAS’s strategic plan and costs for 2019/20, ACCA is unable to form a clear opinion on the reasonableness of the proposed variable fee-rate.
To read in full, please download the consultation response.
FRC Post Implementation Review of the 2016 Auditing and Ethical Standards
ACCA response to The Financial Reporting Council (FRC) consultation proposing important changes to the UK’s Ethical and Auditing Standards. The FRC proposes to set more stringent ethical rules for auditors, in response to findings from recent audit enforcement cases and from audit inspections. In response to feedback from investors, the FRC also proposes to enhance the quality and content of auditor’s reports in order to improve transparency about what is found in the course of an audit.
Ethics today in the financial markets in the decade post crisis:
The CFA Institute and ACCA invite you to their joint breakfast event at the European Parliament to celebrate Global Ethics Day and discuss trust, ethics and professionalism in today's and tomorrow's financial markets.
IESBA Proposed Revisions to Code of Ethics and Conduct
ACCA welcomes the opportunity to comment on the proposals to revise Part 4B of the Code to reflect terms and concepts used in ISAE 3000 (Revised), and to continue to work with the IESBA in advancing the restructured Code’s relevance and impact.
On 26 September 2017 ACCA and the Estonian Presidency of the Council of the EU held an event: 'Drivers of change for the public sector: Bringing governments closer to citizens and businesses in a digital age through ethics and trust'. Read the event report and watch the highlights.
This report draws on the views of 10,000 members, students and business leaders globally to examine the challenges raised by new technologies. Through a range of case studies, and drawing on the principles of the International Ethical Standards Board for Accountants (IESBA), the report offers insight and guidance to professional accountants and auditors on issues from cyber-security to crypto-currencies.
IESBA consultation joint submission by ACCA and CANZ
A joint submission by Chartered Accountants Australia and New Zealand and the Association of Chartered Certified Accountants, responding to IESBA's public consultation on professional scepticism and professional judgement.
Proposed revisions to safeguards in the code – Phase 1. IESBA exposure draft (March 2016)
This initial phase of the International Ethics Standards Board for Accountants project aims at enhancing clarity in the code, potentially by removing safeguards contained in it that are now considered inappropriate. ACCA welcomes these proposed changes, asking whether further safeguards could be given to small and medium practices.
Proposed changes to Part C of the Code addressing presentation of information and pressure to breach fundamental principles – IESBA consultation
The International Ethics Standards Board for Accountants (IESBA) has proposed changes relating to accountants in business regarding presentation of information and pressure to breach the fundamental principles.
ACCA, July 2013. This report summarises the key themes that emerged from a series of roundtable discussions held by ACCA in Trinidad, Barbados and Jamaica. The discussions covered a wide range of topical issues in audit and tried to map out some future directions for stakeholders in the audit process.