what is the last update of IFRS code of conduct ? , explaine it.
Homework Answers
The latest code of conduct is
i)The director or members of the board will not use their position for any private gain,
ii) The director or members of the board will not be directly or indirectly owe any obligations either financial or nonfinancial directly or indirectly to the clients, employers.
iii)They should minimize their financial involvement in activities that affect their financial independence.
iv) They should not engage themselves in any other activity other than devoting time for the activities of the board
v)They will not disclose any information to the outside party that is not for the public.
vi) They will not accept any gift, advantage from the person that would result in the nature of bribery.
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