29th September, 2016
ACRA issues Changes to the Code of Professional Conduct and Ethics for Public Accountants and Accounting Entities
ACRA has issued changes to the Code of Professional Conduct and Ethics (the Code) for public accountants and accounting entities relating to certain provisions addressing non-assurance services for audit and assurance clients.
The changes are intended to give effect to the Final Pronouncement on Changes to the Code Addressing Certain Non-Assurance Services Provisions for Audit and Assurance Clients issued by the International Ethics Standards Board for Accountants (or IESBA).
The changes are set out in the Accountants (Public Accountants) (Amendment) Rules 2016 which can be accessed here. The changes will take effect on 1 January 2017.