When someone blows a whistle, it becomes a matter for many stakeholders: the whistleblower himself, management, colleagues, regulators, investors, and policymakers. Whistleblowing raises questions on the transparency of the information disclosed, legitimacy, and the protection of whistleblowers.
The accountants’ work centres around the public interest, transparency, and high ethical principles. They also have reporting obligations and can encounter situations which they may want to bring to the attention of relevant parties. Accountancy Europe is therefore taking forward the debate on the practical implications of whistleblowing and the potential need for a coherent EU whistleblowing framework.