Document background
The Auditors Code of Ethics serves as the foundational document establishing ethical standards and professional conduct requirements for audit professionals operating in the Netherlands. It is essential for ensuring compliance with Dutch regulatory requirements, including the Wet toezicht accountantsorganisaties (Wta) and EU regulations, while maintaining alignment with international best practices. This document becomes relevant when audit firms establish their practice in the Netherlands, when individual auditors commence their professional practice, or when existing firms need to update their ethical guidelines to reflect regulatory changes. The Code includes comprehensive guidance on independence, professional competence, confidentiality, conflict of interest, and quality control measures, tailored specifically to the Dutch audit environment while acknowledging international professional standards.
