The International Ethics Standards Board for Accountants (IESBA) of the International Federation of Accountants (IFAC) has released a Staff Update paper which outlines additional ‘workstreams’ in its work plan to consider topical issues such as auditor rotation, the provision of non-audit services by auditors, the structure of the Code of Ethics for Professional Accountants (Code) and implications of recent accounting irregularities for professional accountants in business.