The guide provides comprehensive guidance to help small- and medium-sized practices operate more efficiently in the increasingly complex and competitive global marketplace for professional services.
The update includes changes to section 7.2 ‘Professionalism and Ethics within the Firm’; information on identifying, evaluating and addressing threats; and available safeguards to reduce threats to an acceptable level.Â
In order to help member organisations and practices maximise the guide’s use, IFAC has provided a companion manual with suggestions on making best use of the guide.
For more information click here.
