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Technical news in brief December 2020

ICAEW's Audit and Assurance Faculty brings you the latest technical updates on developments in auditing and assurance, financial reporting and ethics. Please note Only Audit and Assurance Faculty members and Faculties Online subscribers have access to these technical updates.

Ethics | 30 December 2020

IESBA has published a Report, Ethics and Trust – Breaking New Ground summarising the Board’s accomplishments from 1 June 2016 to 31 July 2020. The Report includes an update on the IESBA’s current projects and initiatives, and highlights the Board’s extensive efforts in promoting awareness, adoption, and implementation of the International Code of Ethics for Professional Accountants (including International Independence Standards).