International Ethics Standards Board for Accountants (IESBA)

🌍 A transformative day for trust in sustainability reporting and assurance!   The IESBA and the International Auditing and Assurance Standards Board (IAASB) have today launched a unified, integrated campaign to support effective implementation of our landmark standards that will drive trust and transparency in sustainability reporting and assurance.   ✨ Why this matters: ✔ Cohesive Standards: A comprehensive and interoperable global baseline for assurance, ethics, and independence. ✔ Framework Neutral: Designed to work with any sustainability reporting framework. ✔ Market Impact: Meeting the growing demand for trustworthy sustainability information to support informed stakeholder decisions. ✔ Risk Mitigation: Addressing challenges like greenwashing, fraud, and regulatory non-compliance.   Today's release includes fact sheets, guides, technical overviews, webinars, and videos to help stakeholders transition to these landmark standards. Implementation support will ensure a smooth journey.   🔗 Discover how these standards advance trust in sustainability: https://lnkd.in/gvcH7A36   #TrustInSustainability #Transparency #Sustainability #IESBA #IAASB #ISSA5000 #IESSA

🚨 Webinar Series Alert: Understanding IESBA’s New Sustainability Standards! 🌍📢 The IESBA sustainability-related ethics and independence standards will establish global baseline standards for ethical sustainability reporting and assurance. These groundbreaking standards address greenwashing risks, other ethical responsibilities, and independence requirements for sustainability assurance. Join the IESBA Team in this free webinar series as they break down the IESSA (International Ethics Standards for Sustainability Assurance) and other key revisions to the Code. 💡 What You’ll Learn: ✅ Why the IESSA and sustainability reporting revisions were developed ✅ How these standards were shaped through global consultation ✅ What greenwashing and other unethical behaviors mean for professionals ✅ Key characteristics of the standards and who they impact ✅ The role of independence in sustainability assurance 📅 Webinar Schedule: 🟢 IESBA Sustainability Overview & Reporting 📆 Feb 18 | 14.00 UTC (9.00am ET) Register - https://lnkd.in/eDrMxk6n 📆 Feb 26 | 01.00 UTC (Feb 25, 8.00pm ET) Register - https://lnkd.in/eKUT32ti 🟢 Key Topics in the IESSA 📆 Feb 19 | 14.00 UTC (9.00am ET) Register - https://lnkd.in/eaj3FwB6 📆 Feb 27 | 00.00 UTC (Feb 26, 7.00pm ET) Register - https://lnkd.in/etyQ9FRh 🟢 IESSA Independence Standards: A Deep Dive 📆 Feb 20 | 13.00 UTC (8.00am ET) Register - https://lnkd.in/eaSnGEUU 📆 Feb 28 | 00.00 UTC (Feb 27, 7.00pm ET) Register - https://lnkd.in/ePX5mkFD 🔗 Don’t miss your chance to gain clarity on these critical new standards—register today! Learn more about IESBA's sustainability work at https://lnkd.in/e_WnR7jF #Sustainability #Ethicsinsustainability #SustainabilityReporting #Accounting #Assurance #Webinar

🌍 Strengthening the international regulatory and standard-setting regimes: IESBA at IOSCO C1🌍 Engaging and substantive discussions today to navigate future challenges and strengthen the global financial ecosystem. IESBA Chair Gabriela Figueiredo Dias joined the International Organization of Securities Commissions - IOSCO’s Committee on Issuer Accounting, Audit, and Disclosure (IOSCO C1) in Madrid to present and discuss key IESBA developments, including: ✅ Strategic Direction – The start of a new board cycle, with new members and fresh challenges ahead. ✅ Global Ethics Standards for Sustainability Reporting & Assurance (IESSA) – Just released, these standards complete the global framework for sustainability information, providing high-quality, trustworthy insights to citizens and investors. ✅ Firm Culture & Governance – A new project to set global standards and guidance on fostering strong corporate cultures within audit and accounting firms. ✅ Private Equity Investment – A vibrant exchange of insights to inform IESBA’s work in this evolving space. IOSCO C1 was jointly hosted by IOSCO and CNMV, the meetings focused on international regulatory and standard-setting developments, alongside emerging topics shaping the future of corporate reporting. 🔗 Learn more about IESBA’s latest initiatives at ethicsboard.org #IESBA #Ethics #SustainabilityReporting #CorporateGovernance #Audit #Accounting #IOSCO #CapitalMarkets

🌍 Strengthening Trust in Tax Advisory 💼 The global push for ethical tax practices is gaining momentum. With The Accounting Professional & Ethical Standards Board (APESB) (Australia) and The The Independent Regulatory Board for Auditors (IRBA) (South Africa) adopting IESBA’s tax planning standards, ethics in tax advisory is being reinforced worldwide. These moves signal that responsible tax practices aren’t just regulatory expectations—they’re critical for business integrity, economic stability, and public trust. With the July 1 effective date approaching, tax professionals must ensure their practices align with these strengthened ethical requirements, fostering greater transparency and accountability. 🔎 Why This Matters ✔For Firms – Ethical tax planning is now a pillar of risk management and corporate responsibility. Proactively adopting these standards strengthens trust with regulators, clients, and investors while mitigating reputational risks. ✔For Businesses – Greater public scrutiny on tax behavior means businesses in these jurisdictions can build confidence in the integrity of tax advisory services. ✔For Society – Ethical tax systems support sustainable public revenues, funding healthcare, education, and infrastructure, and reinforcing corporate citizenship. 🌍 A Call for Global Alignment With trust at the heart of global discussions among international organizations and policymakers, strong ethical tax frameworks are more crucial than ever. As jurisdictions shape the future of tax governance, embedding robust ethics in tax advisory will be essential to reinforcing public confidence and transparency.

📢 New Global Ethics Sustainability Standards Released! 🌍🔎    The IESBA has officially issued its Global Ethics Sustainability Standards, providing a robust ethical foundation for high-quality sustainability reporting and assurance. These standards: ✅ Establish a fit-for-purpose ethical infrastructure to address challenges such as the use of immature data and systems, and the forward-looking nature of the information.  ✅ Mitigate unethical conduct, including greenwashing risks, particularly by raising awareness of ethical threats and helping practitioners address challenges such as: non-compliance with laws and regulations (NOCLAR); pressure to act unethically; independence issues; and ethical risks relating to using the work of external experts.  ✅ Enhance investor protection and public trust by aligning ethical best practices across practitioners. Explore the final pronouncement, related documents, and upcoming implementation resources, including fact sheets and webinars. 🔗 Learn more: https://lnkd.in/es7eJX3d #EthicsinSustainability #IESBACode #SustainabilityStandards    🎙️ UPCOMING GLOBAL WEBINARS 🎙️    📌 IESBA Sustainability Overview & Sustainability Reporting 📅 February 18 – 14:00 UTC | 09:00 AM ET  📅 February 26 – 01:00 UTC | 08:00 PM ET (Feb 25) 📌 Key Topics in the IESSA 📅 February 19 – 14:00 UTC | 09:00 AM ET  📅 February 27 – 00:00 UTC | 07:00 PM ET (Feb 26) 📌 IESSA Independence Standards: A Deep Dive  📅 February 20 – 13:00 UTC | 08:00 AM ET  📅 February 28 – 00:00 UTC | 07:00 PM ET (Feb 27) 📌 Using the Work of an External Expert   📅 March 3 – 23:00 UTC | 06:00 PM ET  📅 March 4 – 13:00 UTC | 08:00 AM ET

Wonderful news that the Australian Auditing and Assurance Standards Board (AUASB) has approved the adoption of the International Auditing and Assurance Standards Board (IAASB)’s sustainability assurance standard, ISSA 5000.   IESBA welcomes the AUASB’s decision to adopt IESBA’s ethics standards for sustainability assurance, given the temporary absence of an equivalent Australian ethical standard.   As The Accounting Professional & Ethical Standards Board (APESB) is expected to adopt Part 5 of IESBA’s Code (or the IESSA) into the Australian Code (APES 110) following the Australian due process, the AUASB’s decision clarifies that in the interim period companies subject to climate reporting and assurance obligations in Australia are expected to comply with both sustainability assurance (ASSA 5000) and sustainability ethics standards (APES 110 + IESSA). 📈📊 Learn more about these global standards here: https://lnkd.in/gUa5yMG4   #GlobalMomentum #Sustainability #Assurance #Ethics #AAASB #TrustInSustainability

🌍 Global Collaboration on Ethics in Sustainability Reporting 🌍 ✔️ IESBA continues to engage with key stakeholders to reinforce the role of ethics and independence in sustainability reporting and assurance. At the International Organization of Securities Commissions - IOSCO & IFRS Foundation Capacity Building Program on Sustainable Finance, in Budapest, Szilvia Sramko, IESBA Principal, joined regulators and other professionals from across the region to discuss the importance of ethics and independence standards in building a complete and interoperable sustainability reporting ecosystem. IESBA remains committed to supporting capacity building through collaboration with leading global organizations. ✔️ At the PAN AFRICAN FEDERATION OF ACCOUNTANTS Workshop held last week in Nairobi with Sustainability Reporting Champions from Professional Accountancy Organizations and Security Market Regulators from 10 jurisdictions in Africa, Paul Muthaura, IESBA Board Member, and Szilvia Sramko, provided an overview of IESBA’s global ethics standards for sustainability reporting and assurance. These two engagements mark the start of an extensive rollout of IESBA’s Global Ethics Sustainability Standards launched this Monday. Stay tuned! #globalstandards #ethicsinaccounting #sustainability #iesbaoutreach

🤝 A busy and productive week for IESBA! 🤝 ✔ In Amsterdam, Gabriela Figueiredo Dias (Chair) and Ken Siong (Program and Senior Director) met with key stakeholders: ✨ Autoriteit Financiële Markten (AFM) – Laura van Geest (Chair), Hanzo van Beusekom (Executive Board Member), Arnold Pureveen (Head of Audit & Reporting Oversight), and Hanneke Yih (Supervision Officer, Audit & Reporting Oversight). ✨ De Nederlandsche Bank (DNB) – Steven Maijoor (Executive Board Member, Banking Supervision). ✨ Nederlandse Beroepsorganisatie van Accountants (NBA) – Liane V. (Executive Director), Martijn Duffels (Senior Vaktechnisch Specialist), and other senior staff. Discussions covered global trends, sustainability reporting and assurance, firm governance, and private equity investments in accounting firms - key insights for IESBA’s strategy and standards. ✔ In Lisbon, Gabriela Figueiredo Dias spoke at PwC’s Global Independence, Risk, Regulation, and Ethics conference, joining Gilly Lord in a fireside chat to highlight that: ✨ Ethics is even more crucial in times of uncertainty. ✨ Ethical leadership strengthens trust, mitigates risk, and attracts top talent. ✨ Ethics is a core value proposition of the profession. Ethics and independence remain at the heart of a trusted profession! More at ethicsboard.org. #globalstandards #ethicsinaccounting #tax #sustainability #iesbaoutreach

🌍 Strengthening Trust in Sustainability Reporting and Assurance 🌍 The International Ethics Standards Board for Accountants (IESBA) and International Auditing and Assurance Standards Board (IAASB) issued the Global Ethics Sustainability Standards and ISSA 5000 to set a global benchmark for sustainability reporting and assurance. This week, we were excited to release new implementation materials to support practitioners and the sustainability disclosure ecosystem as they adopt these landmark standards. Here’s what’s new: ✅ Implementation support: Guidance materials, FAQs, and videos to help practitioners navigate ISSA 5000 and IESSA effectively. ✅ Joint fact sheet: A clear, concise overview of how these standards work together to provide a unified approach to sustainability assurance. ✅ Digital resources: Centralized content on a joint web page as well as specialized web pages to ensure easy access to materials and ongoing updates. These resources are designed to help stakeholders adopt and implement the standards with confidence, ensuring ethical behavior, high-quality assurance, and trust in sustainability information. 🔗 Access the implementation materials and fact sheet here: https://lnkd.in/gvcH7A36 Let’s continue working together to elevate trust and transparency in sustainability reporting and assurance. #Sustainability #ISSA5000 #IESSA #Ethics #Assurance #TrustInSustainability #GlobalStandards #IAASB #IESBA

Thank you, to the International Organization of Securities Commissions - IOSCO for its public support of IESBA’s #ethics and independence standards for sustainability reporting and assurance! We’re looking forward to the global launch of the standards, alongside the launch of the International Auditing and Assurance Standards Board (IAASB)’s International Standard on Sustainability Assurance 5000 on January 27!