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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › ACCA Guidance and IFAC code
Sir in the lecture u say that the ACCA Guidance doesnt have confidentially as a fundamental principle. But isnt ACCA rulebook based on IFAC’s code of ethics itself?
ACCA Code* based on IFAC code
I believe that the code is based on the IESBA (International Ethics Standards Board for Accountants) Rules rather than IFAC
However, you are correct in that the 5 fundamental principles are:
integrity
objectivity
competence and care
confidentiality and
professional behaviour
I’m trying to remember why I left off confidentiality – maybe (and I don’t know for sure) at the time of the recording, the ACA rules themselves had missed it off
No matter – it’s there now and thank you for pointing out the omission