Exposure Draft - ACRA

CODE OF PROFESSIONAL CONDUCT AND ETHICS FOR PUBLIC ACCOUNTANTS
CONTENTS
Page
010 SCOPE .......................................................................................................................... 2
PART A: GENERAL APPLICATION OF THE CODE
100 Introduction and Fundamental Principles ..................................................................... 4
110 Integrity ......................................................................................................................... 9
120 Objectivity .................................................................................................................... 10
130 Professional Competence and Due Care ....................................................................... 11
140 Confidentiality .............................................................................................................. 12
150 Professional Behavior ................................................................................................... 14
PART B: APPLICATION GUIDANCE
200 Introduction ................................................................................................................... 16
210 Professional Appointment ............................................................................................. 21
220 Conflicts of Interest ...................................................................................................... 25
230 Second Opinions ........................................................................................................... 27
240 Fees and Other Types of Remuneration........................................................................ 28
250 Marketing Public Accountancy Services ...................................................................... 30
260 Gifts and Hospitality ..................................................................................................... 31
270 Custody of Clients Assets ............................................................................................. 32
280 Objectivity–All Services ............................................................................................... 33
290 Independence–Assurance Engagements ....................................................................... 34
DEFINITIONS ....................................................................................................................... 78
EFFECTIVE DATE ............................................................................................................... 82
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