The International Ethics Standards Board for Accountants (IESBA) is consulting on its proposed strategy and work plan covering the next five years, which will see the regulator leverage its completely rewritten and enhanced code of ethics
The strategy and work plan projects the IESBA’s vision for the code in the global economy, and the regulator says its future priorities and actions will be guided by three strategic themes.
The first is advancing the code’s relevance by keeping it fit-for-purpose for a rapidly changing world, and further strengthening ethical conduct and independence standards.
Secondly, IESBA will focus on deepening and expanding the code’s impact and influence through increased global adoption and implementation.
Finally the regulator will work on enriching the IESBA’s perspectives and capacities through proactive stakeholder dialogue and co-operation.
The consultation paper was developed following engagement with stakeholders, including regulators, national standard setters and professional accounting organisations.
The deadline for feedback is 16 July.
Consultation Paper, Proposed Strategy and Work Plan, 2019-2023 is here.
Report by Pat Sweet
