The International Federation of Accountants (IFAC) provides professional ethics and codes of ethics for accountants. They include norms of behavior designed for both practical and idealistic purposes. In the accounting profession, professional accountants must follow a set of rules and values ​​to be able to execute the objectives necessary at the highest level of professionalism. IFAC requires accounting bodies around the world to publish codes of conduct no less rigorous than its own. Members are required to review the spirit of the code as well as the specific requirements. Disobedience may result in disciplinary action. More specific guidance is included in the codes for accountants engaged in the provision of independent audit and assurance services. In the UK and Ireland, auditors follow the ethical guidelines of the ISA International Standards on Auditing (UK+I) published by the Auditing Practices Board (APB). The APB ethical standards are also similar in principle to the IFAC code. (book)The APB ethical standards concern the integrity, objectivity and independence of auditors and the most important types of potential threats that could influence these values. Independence is the foundation of the auditing profession. The main objective of auditors is to ensure that the financial statements prepared by the directors are accurate and to provide independent assurance to shareholders that they are indeed prepared correctly. The auditor then issues a report that includes an opinion on whether the financial statements give a true and fair view. Accordingly, shareholders can make their decisions at the Annual General Meeting. Without independence, auditors lack impact and...... middle of paper ...... the appetite for money lies in the unconscious. Additionally, the need for social relationships that could become friendly is part of Maslow's hierarchy of needs. Even the most honest and generous listeners will be enticed by the opportunity to “fake” the books for a friend and hide the true financial statements of the company in order to obtain privileges. Indeed, when it comes to non-audit and “extended assurance” services, the appetite for high fees is why values ​​and ethos are broken. In conclusion, in my opinion, the ethical standards are good, but revisions should be made when cases arise in the future. The problem is not the auditing profession or its standards, but rather those who practice it. Men, at a given moment, are masters of their destiny: The fault, dear Brutus, does not lie with our stars, but with ourselves, if we are subordinates. Shakespeare, William; Julius Caesar