IESBA: Proposed Revisions to the Fee-related Provisions of the Code

The CAQ believes auditor independence is foundational to audit quality. Being independent is a core part of the auditor’s role, and thus maintaining and enhancing independence are top priorities for the auditing profession. As such, the CAQ appreciates the opportunity to share our views and provide input on the International Ethics Standards Board for Accountants’ (IESBA) Exposure Draft, Proposed Revisions to the Fee-related Provisions of the Code. The CAQ firmly believes that auditor independence requirements play a critical role in helping to protect the reliability and integrity of financial statements. We are committed to helping ensure that revisions to the Board’s 2018 International Code of Ethics for Professional Accountants are designed to continue enhancing investor protection.

Download the full comment letter.