Ethics

Featured

  1. Ethics and The Power of One

    ICAS calls on every CA to place ethical leadership at the heart of their professional responsibilities

Resources and support

  1. 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.

  2. 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

  3. ICAS Ethics Helpline Service

    Members with an ethical query can contact us using the following methods.

News in Ethics

  1. FRC revises Ethical Standard

    The FRC has strengthened auditor independence requirements in its Ethical Standard.

  2. 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.

  3. 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.

  4. 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

  1. 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

  2. Ethics case studies

    Find all ICAS ethics case studies here

  3. 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.

  4. Ethics research

    Find all ICAS ethics research here

2020 Code of Ethics

  1. 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

  2. 2020 ICAS Code – documentation - Fees

    The 2020 ICAS Code of Ethics has an increased emphasis on the importance of documentation.

  3. 2020 Code of Ethics - Inducements

    The 2020 ICAS Code of Ethics contains new requirements on inducements including a new intent test.

  4. 2020 ICAS Code - Restructuring

    The 2020 ICAS Code of Ethics has been revised and restructured to make it easier to navigate.

Consultation and responses

  1. Ethics Responses

    As part of its remit, the ICAS Ethics Board responds to ethics related consultations.

  2. FRC Ethical Standard

    Auditors undertaking an audit in the UK are required to comply with the requirements of the FRC's Ethical Standards for Auditors.

  3. Ethics disciplinary cases

    The ICAS Ethics Board considers disciplinary cases helpful in developing ethical awareness.