Ethics

The CCAB Ethics Group co-ordinates activities between the member bodies relating to ethical guidance and liaises with relevant FRC standard setting and oversight boards, in respect of ethical issues. This includes:

• discussions with the Auditing Practices Board regarding auditor independence issues,
• application of the IFAC (International Federation of Accountants) requirement to apply independence requirements to assurance engagements, and
• the implementation of the new IFAC code of ethics.

The Group has also issued ethical dilemma case studies aimed at professional accountants working as non-executive directors and professional accountants in business. Further case studies will be published in due course for practice and the charity sector and public sector. Click here for case studies.