Members must comply with issued Accounting Professional & Ethical Standards Board (APESB) standards including:
APES 110 Compiled code of ethics for professional accountants
APES 205 Conformity with accounting standards
APES 210 Conformity with auditing and assurance standards
APES 220 Taxation services
APES 225 Valuation services
APES 305 Terms of engagement
APES 315 Compilation of financial information
APES 320 Quality control for firms
APES 345 Reporting on prospective financial information
Other standards that must be complied with are:
APS 7 Statement of insolvency standards
APS 9 Statement on compilation of financial reports
APS 10 Trust accounts
APS 11 Statement of forensic accounting standards
APS 12 Statement of financial advisory services standards
The Members' Handbook includes guidance on particular issues for members. The handbook includes guidance notes for members in business, forensic accounting, and those operating trust accounts.
