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The International Ethics Standards Board for Accountants (IESBA) has launched its Firm Culture and Governance Viewpoints, marking the start of a six-month global dialogue on the drivers of ethical culture in accounting firms. The launch coincides with IESBA’s Asia outreach to Singapore, Malaysia and Hong Kong SAR, reflecting Asia’s central role in the adoption and implementation of international ethics standards.
The Viewpoints outline eight fundamental elements influencing ethical culture—such as leadership, governance, accountability and incentives—and are intended to stimulate reflection and stakeholder dialogue, rather than serve as a formal framework. Insights gathered will inform the possible development of a future global baseline on firm culture and governance. Supporting materials, including a booklet, snapshot, briefing note and a paper linking the Viewpoints to ISQM 1, were released alongside the launch.
During the outreach, IESBA will engage regulators, professional bodies, firms, investors, CFOs and other stakeholders to discuss key issues shaping the profession in 2026 and beyond. These include IESBA’s 2028–2031 strategy, sustainability-related ethics standards, lessons from implementing NOCLAR and the restructured IESBA Code, private equity investment in firms, technology-driven change and emerging ethical risks. The outreach underscores IESBA’s focus on strengthening trust, resilience and ethical judgment across the global accounting profession, with Asia playing a central role in these discussions.
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