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Abu Dhabi Accountability Authority to chair IESBA board meeting

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Abu Dhabi, (UrduPoint/Pakistan Point News/WAM – February 10, 2023) Abu Dhabi The Accountability Authority (ADAA) announces that it will host board International Ethical Standards Board for Accountants (IESBA) meeting Abu Dhabi first time in middle East.

this event More than 55 international participants will attend from 13-17 days to march 2023.

IESBA is a globally recognized independent body and a pioneer in the development of ethical standards for the accountancy profession worldwide.Its International Code of Ethics (IESBA Code) contains a set of high quality standards, including requirements for auditors independentfor all professional accountant.

The IESBA Code has been adopted or used by more than 130 jurisdictions worldwide world It has been adopted by the 33 largest international networks of multinational audit accounting firms (Firm Forum).

The importance of comments Abu Dhabi hold this major eventWael Abdul Qader, Head of Audit Services at the ADAA, said: “It is an honor to chair the board meeting of the prestigious International Accountants Ethical Standards Board for the first time in the region.

by hosting this eventwe are actively contributing to the development of robust ethical standards and promoting the adoption of the IESBA Code and its consistent application among professional accountants all exist world.

“Through this professional eventADAA further strengthens its active participation in local, regional and global efforts to improve audit quality to protect public funds, including through raising awareness of the principles of accountability, integrity and transparency,” he added.

IESBA President Gabriela Figueiredo Dias said: “Ethics are critical to the public’s trust in institutions. Business Against the backdrop of high-profile corporate scandals, corporate reporting has become unquestionable.as more and more market With a focus on sustainability, ethics become more important in supporting transparent, relevant and trustworthy sustainability information.We have a strong commitment to delivering a strong innovation ethic and independent standards of the public interest, thereby contributing to sounder and sustainable financial market For the good of the economy, society and the planet.



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