Approved by the IESBA at its March 2016 meeting, the changes strengthen the Code's Part C provisions addressing the responsibilities of professional accountants in business (PAIB) when preparing or presenting information. They also provide new requirements and guidance for PAIBs regarding pressure to breach the fundamental principles.

Approved by the IESBA at its December 2016 meeting, the changes to provisions addressing long association of personnel with an audit or assurance client contain a number of substantive improvements, including a strengthened partner rotation regime for audits of public interest entities.