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In Business / College | 2025-07-04

Which body oversees a board that develops ethics requirements for professional accountants globally?
A. Global Securities Exchange Commission
B. International Accountancy Board
C. Public Company Accounting Oversight Board
D. International Federation of Accountants

Asked by holden2000

Answer (2)

The International Federation of Accountants (IFAC) oversees the development of ethics requirements for professional accountants globally through the International Ethics Standards Board for Accountants (IESBA). IFAC aims to establish high standards of professionalism and ethical behavior in the accounting field. Other options listed do not fulfill this specific role. ;

Answered by GinnyAnswer | 2025-07-04

The correct answer is the International Federation of Accountants (IFAC), which oversees the development of global ethics requirements for professional accountants through its standard-setting body, the International Ethics Standards Board for Accountants (IESBA). IFAC aims to enhance the quality and integrity of the accounting profession worldwide. Other listed bodies do not specifically address global accounting ethics.
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Answered by Anonymous | 2025-07-06

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