Maintaining a high-quality Code of Ethics for Professional Accountants (the Code) for application by professional accountants globally;
Promoting and facilitating the adoption and effective implementation of the Code;
Evolving the Code for continued relevance in a changing global environment; and
Increasing engagement and cooperation with key stakeholders.
In 2014, the IESBA worked to enhance its responsiveness to emerging issues of international relevance in the context of continued heightened scrutiny on ethics following the global financial crisis, and an ever-evolving global environment, all while consolidating its efforts to deliver on its existing strategic commitments, including advancing the development of international standards and guidance in the Code; developing a new structure for the Code to enhance its usability and clarity, thereby facilitating its consistent application and enforcement, and furthering its global adoption; and proactively pursuing its stakeholder outreach program.
The report includes a message from the incoming independent Chairman Dr. Stavros Thomadakis. It also discusses the board’s operating environment, highlights achievements from 2014, and summarizes the progress made on each of the projects in the board’s SWP.
The IESBA is supported operationally by IFAC; thus, its financial results are included within IFAC’s audited financial statements, which are published as part of IFAC's Annual Review.
In 2014, the IESBA worked to enhance its responsiveness to emerging issues of international relevance in the context of continued heightened scrutiny on ethics following the global financial crisis, and an ever-evolving global environment, all while consolidating its efforts to deliver on its existing strategic commitments, including:
