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IFAC also issues an exposure draft (ED) of a revision to its code of ethics for professional accountants (www.ifac.org/Guidance/EXD-Details.php?EDID=0027) to clarify its November 2001 update of section 8, "Independence Requirements for Assurance Engagements.".


* IFAC IFAC - International Federation of Automatic Control, involved in informatics related to control systems.  also issues an exposure draft (ED) of a revision to its code of ethics Code of Ethics can refer to:
  • Ethical code, a code of professional responsibility, noting what behaviors are "ethical".
  • Code of Ethics (band), a 90's Christian New Wave/Pop band
 for professional accountants (www.ifac. org/Guidance/EXD-Details.php?EDID See VESA DDC. = 0027) to clarify its November November: see month.  2001 update of section 8, "Independence Requirements for Assurance Engagements." The ED proposes language specifying that an individual who has completed a predefined period in the role of lead engagement partner for an audit of a listed entity should not participate in the assurance engagement until more time--normally two years--has passed. Comments are due February 15.
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Title Annotation:International
Publication:Journal of Accountancy
Date:Jan 1, 2004
Words:86
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