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IESBA Staff Draw Auditors’ Attention to Key Ethics Code Provisions When Facing Downward Pressure on Audit Fees

  • IESBA (International Ethics Standards Board for Accountants) (lt gray) Image

Jan 06, 2016

On January 6, 2016, the International Ethics Standards Board for Accountants (IESBA) released a new publication, "Ethical Considerations Relating to Audit Fee Setting in the Context of Downward Fee Pressure," in response to stakeholder concerns about downward pressure on fees and its potential to adversely impact audit quality.

The publication highlights important considerations in the Code of Ethics for Professional Accountants for auditors in relation to the setting of audit fees.

Review the publication on the IESBA's Web Site.

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