1. Page 1 | Proprietary and Copyrighted Information Review of Part C Jim Gaa, Chair of Part C Task Force IESBA Board Meeting October 13-15, 2014. New York

2. Page 2 | Proprietary and Copyrighted Information Section 300 Main changes 300.5 –“shall” changed to “is encouraged” and “damage” to “harm” 300.15 –“management or those charged with governance”. –“may” changed to “shall”

3. Page 3 | Proprietary and Copyrighted Information Section 320 Main changes 320.3 - change “core operating” to “materially different” and delete “and unusual items” and “a manner that is” 320.7 - Change “discussion” to “steps” and “responsibilities” to “requirements” 320.8 – replace “the professional accountant’s continuing relationship with the employing organization” with “resigning from the employing organization”

4. Page 4 | Proprietary and Copyrighted Information Section 340 Main changes 340 - amended heading 340.1 – use of “colleague” 340.2 – first sentence move to with paragraph 340.5(4). Second sentence (example) deleted.

5. Page 5 | Proprietary and Copyrighted Information Section 370 Main changes 370.4 – add “superiors” to conform to 340.4 370.7 - replace “the professional accountant’s continuing relationship with the employing organization” with “resigning from the employing organization” 370.9 – delete “compensation or incentive linked to financial reporting and decision making”

6. The Ethics Board www.ethicsboard.org