The Ethical Standards Board (ESB) of the Institute of Chartered Accountants of India (ICAI) has released the Exposure Draft of the 13th Edition of the ICAI Code of Ethics, inviting comments and suggestions from members, stakeholders, and the public.
The revised draft aims to update the 12th Edition of the Code of Ethics, which has been in effect since July 1, 2020. The proposed changes reflect evolving professional, regulatory, and international ethical standards that guide the conduct of chartered accountants in India.
Official copy of the notification is as follows
Ethical Standards Board
The Institute of Chartered Accountants of India
27th October, 2025
Exposure Draft: 13th edition of ICAI Code of Ethics - Request for Comments
Sir/ Madam,
As you are aware, the 12th edition of the ICAI Code of Ethics was issued with effect from July 1, 2020. Due to changes then, revisions have been proposed in the Code of Ethics.
The Exposure Drafts of Code of Ethics may be accessed at:-
- Volume-I - https://resource.cdn.icai.org/89062esb-coe-v1.pdf
- Volume-II - https://resource.cdn.icai.org/89063esb-coe-v2.pdf
- Volume-III - https://resource.cdn.icai.org/89064esb-coe-v3.pdf
A brief summary of the key changes proposed in comparison to the existing 12th edition of Code of Ethics is enclosed as Annexure A.
May we request you to send your inputs/suggestions/comments/feedback on the enclosed Exposure drafts, at esb[at]icai[dot]in / ashishswaroop[at]icai[dot]in within 30 days, i.e latest upto 26th November, 2025.
The comments may alternatively be submitted on https://forms.office.com/r/CunNrHqpck?origin=lprLinkAll perspectives are invited.
Your comments are valuable to us, and will be considered during finalization of the Code.
CAclubindia
