Maintaining ethics has never been more important and necessary for accounting professionals. With increasing pressure and limited time, a declining economy and no shortage of other factors that might impact and impair our professional behaviour, it is crucial to ensure that ethical standards are upheld.
This course aims to address the CPD need for ethics for auditors, and to enable them to maintain and enhance their ethical framework following their relevant Codes of Professional Conduct.
The course will address all the relevant requirements of the IESBA Code of Conduct for, including:
An overview of the elements of personal and business ethics and how it impacts the auditor
All the relevant requirements from the IESBA Code of Professional Conduct apply to auditors, including:
o An overview of the conceptual framework, and the process of identifying and addressing threats to ethical principles
o Specific coverage on threat indicators from the Code and how to address them, including a discussion of the most common areas prone to unethical behaviour in practice
o Specific matters related to independence required from auditors
o Specific matters regarding the response to NOCLAR
This session will also include elements of the International Standards on Quality Management (ISQM 1 and 2), insofar it affects ethics and independence matters.
