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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 - Institut de La Fondation d'Acupuncture du Canada (Acupuncture Foundation of Canada Institute)
IFAC - International Federation of Accountants
IFAC - International Federation of Automatic Control
IFAC - International Folk Alliance Conference
IFAC - Irvine Fine Arts Center (California)
 also issues an exposure draft (ED) of a revision to its code of ethics for professional accountants (www.ifac. org/Guidance/EXD EXD - Executive Director
EXD - External Device
-Details.php?EDID EDID - Extended Display Identification Data= 0027) to clarify its November 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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