Ethics
Resources and support
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ICAS Code of Ethics
The ICAS Code of Ethics applies to all members of ICAS, affiliates, students, employees of a member firm or an affiliate, and member firms where relevant.
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ICAS Ethics Board
The Ethics Board’s mission is to provide knowledge, guidance and assistance to ICAS members in order that they may meet the ethical responsibilities of their profession; and to support, guide, and challenge the ICAS leadership with its strategic goal
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ICAS Ethics Helpline Service
Members with an ethical query can contact us using the following methods.
News in Ethics
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FRC revises Ethical Standard
The FRC has strengthened auditor independence requirements in its Ethical Standard.
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New member advert for Ethics Board
ICAS is seeking to appoint members to join its Ethics Board. These positions will take effect on 1 February 2020.
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Response to IESBA role and mindset
Ann Buttery reports on the ICAS Ethics Board’s response to the IESBA Exposure Draft on the role and mindset expected of professional accountants.
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New ICAS Code of Ethics for 2020
Ann Buttery explains what’s new in the 2020 Revised and Restructured ICAS Code of Ethics
Publications and guidance
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The Power of One Publications
As part of its The Power of One business ethics initiative, ICAS has published a number of ethics resources to support members
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Ethics case studies
Find all ICAS ethics case studies here
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Ethics video resources
We have prepared the following short video resources to help our members on their ethical journey. We explore the five ethics principles in the ICAS Code of Ethics and The Power of One.
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Ethics research
Find all ICAS ethics research here
2020 Code of Ethics
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2020 Code of Ethics – Objectivity
Ann Buttery reports on amended requirements in the new Code of Ethics in relation to loans and guarantees with clients
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2020 ICAS Code - Restructuring
The 2020 ICAS Code of Ethics has been revised and restructured to make it easier to navigate.
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2020 Code of Ethics – Enhanced Conceptual Framework
The 2020 ICAS Code of Ethics includes enhancements to the conceptual framework.
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2020 Code of Ethics - Safeguards
The 2020 ICAS Code of Ethics includes a revision to the definition of safeguards.
Consultation and responses
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Ethics Responses
As part of its remit, the ICAS Ethics Board responds to ethics related consultations.
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Ethical standards for auditors
Auditors undertaking an audit in the UK are required to comply with the requirements of the FRC's Ethical Standards for Auditors.
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Ethics disciplinary cases
The ICAS Ethics Board considers disciplinary cases helpful in developing ethical awareness.