Exploring The IESBA Code Installment 7 – Inducements, Including Gifts and Hospitality
1. Inducements are defined in the IESBA Code as “anything used to influence the behaviour of another individual.” 2. At times, this influence occurs naturally as a result of commercial relationship development, but at other times, the incentive is intended to improperly encourage someone to act unethically. 3. Inducements can range from conventional business partners’ […]
Exploring The IESBA Code Installment 1 – The Five Fundamental Principles
1. To maintain the highest level of trust in accountancy and ensure that the work of accountants, tax advisers, insolvency practitioners, and auditors is of the best caliber, they must adhere to the highest standards of professional conduct. 2. Therefore, the Code of Ethics and its obligations are a crucial part of the accounting profession’s […]
