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ACCA welcomes strengthening of UK auditor ethics code

The accountancy body said that the Financial Reporting Council’s (FRC’s) revised and updated ethical standards reflect the significant developments in the International Ethics Standards Board Accountants (IESBA) Code since FRC’s last revision in 2019

ACCA, the world’s leading global accountancy body, has said it is broadly supportive of the UK’s update to ethical standards (ES) for auditors to align with international best practice. However, it notes the need for clarification and additional guidance. 

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