Professional Standards

Accreditation: Formal Certification of Standards
Accreditation is a formal certification process for meeting predetermined standards, often used interchangeably with recognition but may imply a more rigorous assessment.
IESBA: Develops Ethical Standards and Guidance for Professional Accountants
The International Ethics Standards Board for Accountants (IESBA) develops ethical standards and guidance for professional accountants, ensuring transparency, accountability, and trust in the profession.
Independence: Concept and Importance
Independence refers to the lack of reliance or influence between entities, be it in mathematics, professional conduct, or individual decision-making.
JDS: Joint Disciplinary Scheme
JDS (Joint Disciplinary Scheme) is a framework previously administered by the Accountancy and Actuarial Discipline Board (AADB) for maintaining professional standards within the accounting and actuarial professions in the UK.
Quality Review: An Assessment of Adherence to Professional Standards
A comprehensive assessment of an audit firm's compliance with established professional standards to ensure the reliability and accuracy of their services.

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