APES 110 Code of Ethics for accountants
APES 110 binds CA ANZ, CPA Australia and IPA members (and auditors) to five ethical principles via a threats-and-safeguards framework — who it covers and the penalties.
Who must comply
Members of CA ANZ, CPA Australia, IPA + auditors generally.
What triggers it
Membership of professional accounting body.
When due
Continuous.
Evidence required
Engagement letters with independence + scope; threats register; CPD record.
Max penalty
Professional body disciplinary action; ASIC referral; civil liability
Summary
APES 110 (issued by the Accounting Professional & Ethical Standards Board (APESB), 2020) sets fundamental principles: integrity, objectivity, professional competence + due care, confidentiality, professional behaviour. Applies threats + safeguards framework; specific sections for audit + assurance independence.
Enforced by
Industries
Topics
Frequently asked questions
- Who must comply with APES 110 Code of Ethics for accountants?
- Members of CA ANZ, CPA Australia, IPA + auditors generally.
- What triggers APES 110 Code of Ethics for accountants?
- Membership of professional accounting body.
- When is APES 110 Code of Ethics for accountants due?
- Continuous.
- What is the maximum penalty for APES 110 Code of Ethics for accountants?
- Professional body disciplinary action; ASIC referral; civil liability
- What evidence is required for APES 110 Code of Ethics for accountants?
- Engagement letters with independence + scope; threats register; CPD record.
Source: https://apesb.org.au/standards-and-guidance/apes-110-code-of-ethics-for-professional-accountants. Rules Mate is not a law firm. Always verify against the live regulator source before acting.