The IESBA’s objective is to serve the public interest by setting high-quality ethics standards for professional accountants and by facilitating the convergence of international and national ethics standards, thereby enhancing the quality and consistency of services provided by professional accountants throughout the …
Which body is responsible for regulating the UK accounting profession?
The Financial Reporting Council (FRC) promotes transparency and integrity in business. It regulates auditors, accountants and actuaries, and sets the UK’s Corporate Governance and Stewardship Codes. FRC works with the Department for Business, Energy & Industrial Strategy.
What are the ethical responsibilities of accountants?
- Responsibilities. …
- The Public Interest.
- Integrity. …
- Objectivity and Independence. …
- Due Care. …
- Scope and Nature of Services.