IESBA research on the impacts of Technology on Ethics, reaffirming the relevance of #IESBACODE

18 November 2022

The International Ethics Standards Board for Accountants (IESBA) released its Technology Working Group’s final report, IESBA Technology Working Group Phase 2 Report.

The report documents the impacts of disruptive and transformative technologies on the work of professional accountants and provides extensive analysis and insights into the ethical dimension of those developments. It explores the ethics implications of artificial intelligence, blockchain and cloud computing explores through the ethical lens various related issues, including data governance, cybersecurity, and reliance on, or use of, experts.

The Report includes recommendations which the IESBA will further consider, some of which it is already addressing in developing technology-related revisions to the Code. You can access the full report here.

Have you seen the IESBA Phase 1 report?

The Phase One Report explores the ethical implications of technology on the accounting, assurance, and finance functions. the report cites various findings and sets out recommendations grouped into five key topical areas where material in the Code could be enhanced.  Both the full report and executive summary are available for download/printing below here.