We have responded on the IESBA’s (International Ethics Standards Board for Accountants) consultation paper on the proposed strategy and work plan, 2019 – 2023.

We welcome the IESBA’s dynamic approach to its strategy and work plan that considers emerging trends and developments that are impacting the environment in which the profession operates.

We consider that the proposed Strategy and Work Plan are ambitious and we recommend focussing on key priorities. In particular, we note that the Board’s agenda is very ambitious, especially for the second half of the Work Plan period. Considering the current context of reassessing the global structure of the standard-setting model, a longer time frame should be projected to implement the proposed Strategy and Work Plan. Sufficient time should also be allocated to address unexpected developments that may arise.