International Ethics Standards Board for Accountants (IESBA) on January 21, 2020 issued two Exposure Drafts (EDs) for public comments on:

  • Proposed Revisions to the Non-Assurance Services Provisions of the Code
  • Proposed Revisions to the Fee-Related Provisions of the Code

The EDs are aimed at strengthening the non-assurance services and the fee-related independence provisions of the International Code of Ethics for Professional Accountants. The EDs represent a key milestone in two major strategic commitments of the IESBA in its current strategy and work plan. The last date for submission of comments is May 4, 2020.

The EDs can be accessed on the following link:https://www.ethicsboard.org/news-events/2020-01/ global-ethics-board-proposes-significant-revisions- international-independence-standards

Posted in ISA