IFAC Code of EthicsAIA is a non-profit organisation, founded to create an international association for accountants, wherever they are located in the world. Our objectives are to secure a definite and recognised professional status for our members, and to safeguard and advance their interests. AIA’s mission is to create world class accountants; and we achieve this through offering high-standard, relevant and innovative qualifications, and providing first-class, tailored and pertinent services for our global membership. Our vision is for AIA to be the first choice for accountants and aspiring accountants with a global outlook.


As a professional body regulated by the UK Financial Reporting Council, Ofqual and The Irish Auditing and Accounting Supervisory Authority (IAASA), and as a non-profit organisation, AIA acts in the public interest to ensure public confidence in the accountancy profession. We achieve this through promoting best practice, high professional standards and ethics, specifically:

  • Having rigorous entry requirements for both students and members;
  • Ensuring the high standard of the examinations (equivalent to Masters' degree level at Professional Level 2) and the examination process, through internal and external moderation;
  • Ensuring that our qualifications remain innovative, relevant and provide students with both theoretical knowledge and practical experience;
  • Requiring members to observe AIA's constitution, regulations and guidance, as well as external standards which represent best practice in the profession;
  • Requiring members to adhere to the IFAC Code of Ethics;
  • Requiring all members to undertake continuing professional development to ensure that they continue to meet the required standards for conduct and competence;
  • Monitoring all practising members to ensure members maintain the high level of professionalism and ethical standards expected from them;
  • Supervising members in practice under the Money Laundering Regulations 2017 to ensure robust and suitable anti-money laundering measures;
  • Investigating complaints about a member's conduct or competence, in line with AIA's disciplinary procedures;
  • Responding to consultations on issues which affect the accountancy profession;
  • Engaging with government, standard setters, regulators and other stakeholders to make sure we remain at the forefront of the profession by shaping its future. 


AIA believes in opportunity, quality, diversity, accountability and transparency, and these principles are reflected in everything that we do. We have adopted the International Federation of Accountants (IFAC) Code of Ethics for Professional Accountants, and in agreement with IFAC, all AIA members are bound by the Constitution to observe this Code.

The Code of Ethics guides each person to observe five fundamental principles:

Integrity – A professional accountant should be straightforward and honest in all professional and business relationships.

Objectivity – A professional accountant should not allow bias, conflict of interest or undue influence of others to override professional or business judgments.

Professional Competence and Due Care – A professional accountant has a continuing duty to maintain professional knowledge and skill at the level required to ensure that a client or employer receives competent professional service based on current developments in practice, legislation and techniques. A professional accountant should act diligently and in accordance with applicable technical and professional standards when providing professional services.

Confidentiality – A professional accountant should respect the confidentiality of information acquired as a result of professional and business relationships and should not disclose any such information to third parties without proper and specific authority unless there is a legal or professional right or duty to disclose. Confidential information acquired as a result of professional and business relationships should not be used for the personal advantage of the professional accountant or third parties.

Professional Behaviour – A professional accountant should comply with relevant laws and regulations and should avoid any action that discredits the profession.