CARB is committed to act in the public interest, high professional & ethical standards, which enhance the confidence of users of the services of Chartered Accountants.
To achieve the above, CARB:
- sets and issues the Code of Ethics
- provides support and guidance through the production of guidance case studies, courses etc
- influences ethical matters by responding to consultations and participating in relevant national and international committees, working parties and panels.
In line with the IFAC Code of Ethics we adopt a principles based approach to ethics within a frame work which sets out the threats and safeguards and provides guidance in specific areas.
The fundamental principles are:
· Professional Competence and Due Care
· Professional Behaviour