The changing face of ethics: Developing a code of ethics for professional accountants from 1977 to 2006

Forskningsoutput: TidskriftsbidragArtikel i vetenskaplig tidskrift

Abstract

This article aims to contextualise the development of the Code of Ethics for Professional Accountants by the International Federation of Accountants (IFAC) between 1977 and 2006. Drawing on transnational regulation literature, an extensive review of archival documents was conducted. The analysis unfolds the development of the Code in an increasingly complex regulatory environment, revealing the dynamic forces and sequence of events that influenced its nature and contents over three distinctive periods. This study reveals that the shifts in IFAC’s priorities in pursuit of its global aspirations created mechanisms that allowed transnational accounting firms and international regulators to influence the priorities of the Ethics Committee. The Committee’s efforts to legitimise and secure endorsement of the Code were constrained by its initial work programme to develop a model code through minimum harmonisation. Later, the Committee redirected its focus towards meeting the needs of the international regulators by adding more rule-based guidance within the principle-based Code and heavily prioritising independence.

Detaljer

Författare
Enheter & grupper
Forskningsområden

Ämnesklassifikation (UKÄ) – OBLIGATORISK

  • Företagsekonomi
  • Ekonomisk historia

Nyckelord

Originalspråkengelska
Sidor (från-till)521-540
TidskriftAccounting History
Volym23
Utgivningsnummer4
Tidigt onlinedatum2018 jan
StatusPublished - 2018 nov
PublikationskategoriForskning
Peer review utfördJa