Your membership benefits are currently suspended for non-payment of dues. Make a payment to renew access.
Renew
by Michael Cohn | Feb 10, 2020
The International Ethics Standards Board for Accountants released an exposure draft Thursday proposing changes to the International Code of Ethics for Professional Accountants to provide additional guidance to audit engagement quality reviewers about their professional objectivity.
The proposed changes to the ethics code are limited in scope and aim to align it with the International Auditing and Assurance Standards Board’s development of proposed International Standard on Quality Management (ISQM) 2, Engagement Quality Reviews. Both IESBA and the IAASB are affiliated with the International Federation of Accountants.
The exposure draft deals with the application of the conceptual framework in the ethics code to address the topic of the objectivity of an engagement quality reviewer, supporting the proposed quality management standard in addressing the matter of the eligibility of an individual to serve in an engagement quality reviewer role.
Full Article
Source: Accounting Today
Back to List