Consultation Paper, Improving the Structure of the Code of Ethics for Professional Accountants

This Consultation Paper seeks input from stakeholders on approaches that could be taken to improve the clarity and usability of the Code, thereby facilitating its adoption, effective implementation, and consistent application.

Among the various matters on which the Ethics Board is consulting are:

• Restructuring the Code to more clearly distinguish requirements from guidance;
• Reorganizing the content of the Code, including rebranding the Code, or parts thereof, as international standards;
• Identifying responsibility for compliance with the Code in particular circumstances; and
• Simplifying the wording of the Code so that it can be more readily understood.