Exploring The IESBA Code 3 – The Conceptual Framework-Evaluating Threats
1. Professional accountants are guided by a set of core principles that assist them in fulfilling their responsibilities to operate in the public’s best interests. 2. It is necessary to assess any potential challenges to compliance with the fundamental principles. 3. Therefore, the next step is to evaluate whether the identified threats are at an […]
Exploring The IESBA Code Installment 4 – The Conceptual Framework – Step 3
Exploring The IESBA Code Installment 4 – The Conceptual Framework – Step 3 Addressing Threats 1. The IESBA Code helps professional accountants (PAs) meet their responsibility to act in the public interest. 2. The Code provides a conceptual framework that specifies a three-step approach that all PAs can apply to identify, evaluate and address threats […]
