IES 4, Initial Professional Development-Professional Values, Ethics, and Attitudes (Revised)

IES 4 prescribes the learning outcomes for professional values, ethics, and attitudes that aspiring professional accountants are required to demonstrate by the end of Initial Professional Development. Professional values, ethics, and attitudes are defined as the behavior and characteristics that identify professional accountants as members of a profession. These include the ethical principles generally associated with, and considered essential in defining, the distinctive characteristics of professional behavior.

IES 4 is effective from July 1, 2015.

To detail the IAESB’s deliberations during the development of IES 4, a staff-prepared Basis for Conclusions has been created.