The Society adheres to the highest standards in professional conduct. The Code of Ethics is directed primarily at ensuring and safeguarding the quality of services provided by our members to the public it serves; and, to achieving and maintaining courteous and professional conduct among its members.

This Code of Ethics provides a set of standards which members and students are to regard as a minimum level of acceptable professional conduct. The Code specifies the minimum standard of professional conduct amongst its members. It provides to the public assurances that The Society of Professional Accountants of Canada is imposing on its members the standards by which it will be judged. The Code further provides to clients, employers and the general public a standard against which a member’s performance may be assessed. The Code of Ethics forms the basis of disciplinary procedures by which allegations of professional misconduct are addressed.

Download the SPAC Code of Ethics Handbook

In addition to our own standards, The Society of Professional Accountants of Canada formally subscribes to the standards set out by the International Ethics Standard Board for Accountants of the International Federation of Accountants (IFAC). The IFAC’s Code of Ethics for Professional Accountants 2016 Edition should be read in conjunction with the Society’s Code of Ethics and be considered an appendage thereto.

“The mission of the IFAC is to serve the public interest, strengthen the worldwide accountancy profession and contribute to the development of strong international economies by establishing and promoting adherence to high-quality professional standards, furthering the international convergence of such standards and speaking out on public interest issues where the profession’s expertise is most relevant.” – IFAC |

Download the IESBA 2016 Code of Ethics Handbook

Copyright © August 2016 by the International Federation of Accountants (IFAC). All rights reserved. Written permission from IFAC is required to reproduce, store or transmit, or to make other similar uses of, this document. Contact