|
Ethics and Independence
EFAA promotes a high ethical profile of the Profession, which guarantees high quality financial information presented to the public and the confidence of the clients, markets, governments and others who need to rely on the Profession. The independence principle is intrinsically linked to ethics, in particular for SMPs whose business is based on close relationship with the clients.
EFAA follows closely the review of the IFAC Code of Ethics (Sections 290 - 291) and defends the SMPs interests on such issues as partners' rotation (EFAA advocates flexibility in its application) for instance.
EFAA position papers and comment letters
EU and others related documents
EU Recommendation on Statutory Auditors' Independence
|