Alexander Knight & Co adopts updated 2025 ICAEW code of ethics

At Alexander Knight & Co, ethical behaviour has always been at the heart of how we operate. As a firm authorised and regulated by the Institute of Chartered Accountants in England and Wales (ICAEW), we have always held ourselves to the highest professional standards.

From 1 July 2025, the ICAEW is introducing an updated Code of Ethics, reflecting the latest guidance on ethical conduct across the profession. In line with this, Alexander Knight & Co has formally adopted the new code to ensure our compliance and to reaffirm our commitment to professional integrity.

The revised Code of Ethics runs to 226 pages and while the updated code expands on various areas of ethical guidance and brings a few changes in structure and emphasis, it contains no major surprises for our team.

Our culture already reflects the values embedded in the code: integrity, objectivity, professional competence and due care, confidentiality, and professional behaviour.

Importantly, the Code applies to everyone in the practice—not just ICAEW members.

Whether you are dealing with a qualified accountant, a trainee, or part of the wider support team, we are all expected to conduct ourselves in an ethical manner at all times. This is a fundamental part of working in a professional, trusted environment and maintaining the high standards our clients expect from us.

The updated Code places a stronger emphasis on recognising and responding to ethical dilemmas and potential threats to compliance. It also encourages a proactive mindset – encouraging individuals to speak up when something doesn’t feel right and to seek advice when navigating grey areas.

As a firm, we are committed to supporting everyone in understanding and applying the Code of Ethics.

Ethical behaviour isn’t just a regulatory requirement—it’s a core part of what makes Alexander Knight & Co a trusted advisor to our clients and a great place to work.