APES 110 Code of Ethics for Professional Accountants (including Independence Standards)
Part 4A: Independence for audit and review engagements – APES 110 Code of Ethics for Professional Accountants (including Independence Standards)

APES 110 Code of Ethics for Professional Accountants (including Independence Standards) 420: Gifts and hospitality from an audit client

What does 420 require?

Neither the firm, a network firm nor any audit team member may accept a gift or hospitality offered by an audit client, unless its value is trivial and inconsequential. The prohibition is absolute above that level; no safeguard can reduce the threat.

Maintained by Gerard Blokdyk

Other controls in Part 4A: Independence for audit and review engagements – APES 110 Code of Ethics for Professional Accountants (including Independence Standards)

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