Integrity and ethics are cornerstones of the accountancy profession, underpinning professional accountants’ public interest responsibility setting our profession apart. We regularly encounter challenges to our integrity and ethics, challenges that continue to rapidly evolve.
The IFAC Small- and Medium-Sized Practices Advisory Group (SMPAG) welcomes the opportunity to provide input to the International Ethics Standards Board for Accountants (IESBA) Strategy and Work Plan 2024-2027 Consultation Paper.
This is the second installment in a three-part publication series to help small- and medium-sized practices implement the International Auditing and Assurance Standards Board’s (IAASB) quality management standards. It provides a step approach to identifying your quality objectives; completing your quality risk assessment process; identifying existing, or creating new, responses to those quality risks; and implementing, documenting, and communicating your system of quality management.
