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Accounting and Corporate Regulatory Authority
Announcement

ACRA issues changes to the Code of Professional Conduct and Ethics for Public Accountants and Accounting Entities

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Accountants

Accounting entities

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Accountancy careers

Accounting standards and sector regulation

30 November 2021

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30 November 2021

ACRA has issued changes to the Code of Professional Conduct and Ethics (the ACRA Code) for public accountants and accounting entities to adopt the pronouncements on Alignment of Part 4B of the Code to ISAE 3000 (Revised) and Revisions to the Code to Promote the Role and Mindset Expected of Professional Accountants issued by the International Ethics Standards Board for Accountants (or IESBA)1.  

The changes are set out in the Accountants (Public Accountants) (Amendment) (No. 3) Rules 2021 which can be accessed here and will take effect from 31 December 2021.


1 The ACRA Code reproduces, with the permission of the International Federation of Accountants (IFAC), all or part of the Final Pronouncement: Alignment of Part 4B of the Code to ISAE 3000 (Revised) and the Final Pronouncement: Revisions to the Code to Promote the Role and Mindset Expected of Professional Accountants published by IFAC in January 2020 and October 2020 respectively.  Reproduction of such text is allowed within Singapore for non-commercial purposes only.  All other existing rights are reserved.  Further information can be obtained from the IFAC at www.ifac.org or by writing to permissions@ifac.org.

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