Update and Report Back Diane Jules IESBA Deputy

Update and Report Back Diane Jules, IESBA Deputy Director IESBA CAG New York September 9, 2019 Page 1 | Proprietary and Copyrighted Information

The Revised and Restructured Code • Sustained efforts towards awareness raising and implementation support among all stakeholders • Vigorously promoting global adoption – Strong momentum (e. g. , Australia, Brazil, China, Germany, India, Indonesia, Japan, New Zealand, Russia, Saudi Arabia, South Africa, South Korea, UK) Page 2 | Proprietary and Copyrighted Information

Resources and Tools • Available now – – – Basis for Conclusions One-page flyer Power. Point Slides Videos Articles Webinars Featured on IFAC Gateway Country Visits/ targeted outreach 2018 Handbook PDF e. Code • More to come… Visit www. ethicsboard. org/restructured-code Page 3 | Proprietary and Copyrighted Information

Key Resources to Learn about Code • You. Tube Videos Series, IESBA Restructured Code • Two 90 -minute IESBA hosted Webinars – Additional event to target Asia Pac in November 2019 • CPE Video Program, How the New Ethics Code Will Affect Your Standards courtesy of Financial Management Network • Journal of Accountancy Article, A new take on ethics and independence authored by Catherine R. Allen • IFAC Gateway Article in English, French and Spanish Page 4 | Proprietary and Copyrighted Information

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Resources to Learn about e. Code • Now available – Available since June 26 at: www. IESBAe. Code. org – IESBA Staff Publication: Preparing for the IESBA e. Code – Tutorial-styled You. Tube videos on features – Accounting Today Podcast, Global ethics for accountants – IESBA e. Code, Raising the Ethical Standard Online • Coming Soon – ACCA ethics CPD course Page 6 | Proprietary and Copyrighted Information

e. Code Phase 2 • Consider feedback and explore suggestions to improve access and user experience – New functions and additional features? • Explore how to transfer e. Code platform to NSS – Accommodate jurisdiction level laws and regulations? – Support translation? • Explore features to track changes to Code – Support implementation of future versions Page 7 | Proprietary and Copyrighted Information

Adoption and Implementation Other Players Have Crucial Role • National standard setters • Firms • IFAC member organizations and PAOs • Governments, legislators, regulators • PAIBs/ preparers • TCWG, including audit committees • Academics and other educators Page 8 | Proprietary and Copyrighted Information

Action Requested • Representatives are asked to leverage IESBA’s rollout activities to promote awareness and adoption of the Code and use of the e. Code within their networks Page 9 | Proprietary and Copyrighted Information

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Report Back • Representatives are asked to note the report back on the March 2019 CAG discussion on Role and Mindset at Agenda Item G-1 Page 11 | Proprietary and Copyrighted Information

International Webinar on Role and Mindset ED • Join us online tomorrow at 8 AM EST • Comment deadline is October 31, 2019 Page 12 | Proprietary and Copyrighted Information

The Ethics Board www. ethicsboard. org Copyright © September 2019 by the International Federation of Accountants (IFAC). All rights reserved. Permission is granted to make copies of this work provided that such copies are for personal or classroom use and are not sold or otherwise disseminated commercially, and provided that each copy bears the following credit line: “Copyright © September 2019 by the International Federation of Accountants (IFAC). All rights reserved. Used with permission of IFAC. ” Otherwise, written permission from IFAC is required to reproduce, store, or transmit, or to make other similar uses of, this work, except as permitted by law. Contact permissions@ifac. org.