Proposed Revised Ethical Requirements Prohibiting Improper Inducements

The International Ethics Standards Board for Accountants (IESBA) has released for public comment the exposure draft (ED), Proposed Revisions to the Code Pertaining to the Offering and Accepting of Inducements.

The proposals strengthen the IESBA’s Code of Ethics for Professional Accountants by clarifying the appropriate boundaries for offering and accepting inducements, and by prohibiting any inducements with intent to improperly influence behaviour.

The proposed comprehensive framework covers all forms of inducements—including inducements by immediate or close family members—and applies to both assurance practitioners and professional accountants in business.


The NZAuASB encourages you to read the Exposure Draft and provide your comments on the proposals.

How to comment

You can send your comments in an email or letter and these can be formal or informal.

Comments are due with the NZAuASB by 8 November 2017, or send comments directly to the IESBA by 8 December 2017, with a copy to the NZAuASB.

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