Understanding the changes to the ICAEW’s Code of Ethics: implications for firms

The ICAEW is amending the definition of professional behaviour within its Code of Ethics, with changes coming into effect on 1st July 2025. In our video mini-series Head of Accountancy Advisory Julie Matheson explains the changes to the wording of this key part of the ethical code, as well as the impact on members and firms which may identify behaviour falling foul of the principle. 

In this second instalment of the series, Julie examines the responsibilities of ICAEW member firms to report conduct which might fall foul of the Code, discusses the steps required to establish whether there is reportable conduct and provides some guidance on how to conduct an effective and robust investigation.