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 compromise our fundamental principles, it is crucial to ensure that ethical standards are upheld.
Join Ane Church for an interactive session on ethics for professional accountants in business, to provide insight into professional ethics. This session focuses on the practical application of the Codes of Ethics that apply to the professional accountant, resting on the fact that ethics is a journey rather than a checklist, and aims to enable professionals to assess and address ethical dilemmas in an efficient manner.
PLEASE TAKE NOTE OF THE FOLLOWING:
- THIS COURSE DOES NOT ACCOMMODATE FIRM BOOKINGS. Should you have more than 10 individuals that wish to attend from your firm, please contact us to arrange an in-house option instead.
- This course is not part of a series but is a stand-alone, once-off course. Alternative dates are merely listed to accommodate different schedules - the same course will be presented on all the alternative dates.
- Should you be an IRBA member that renders audit as well as non-assurance services (in public practice or in business), we strongly advise that you attend only the dedicated session for IRBA members, as it entails the stricter requirements for IRBA members. While this course is developed for members rendering non-assurance services in business, our Code of Ethics courses are all based on the same international Codes and have various elements that overlap.
- Should you be an accounting professional other than an IRBA member that renders non-assurance services both in public practice and in business, we strongly advise that you attend the dedicated session for members in public practice only. While this course is dedicated for members rendering non-assurance services in business, our Code of Ethics courses are all based on the same international Codes and have various elements that overlap.
*DISCLAIMER: THIS COURSE IS NOT INTENDED TO PROVIDE FULL SATISFACTION OF ALL THE IRBA AND SAICA CPD REQUIREMENTS ON ETHICS ACTIVITIES, BUT SERVES AS A METHOD TO ADDRESS DEVELOPMENTAL NEEDS AND SUPPLEMENT CPD ACTIVITIES. MEMBERS ARE STILL RESPONSIBLE TO ENSURE THAT THEY HAVE PERFORMED THE RELEVANT SELF-ASSESSMENTS AND REFLECTION ACTIVITIES REQUIRED IN TERMS OF THE CPD POLICIES OF THESE REGULATORY BODIES. THIS COURSE IS ALSO NOT SUITABLE FOR THE COMPLETION OF THE C9 COMPULSORY ETHICS FOR SAICA TRAINEES - PLEASE REFER TO THE SEPARATE PROGRAMME THAT WE HAVE AVAILABLE FOR THIS ON THE MYSKILLS PORTAL*
The course will address the following:
- Linking the importance of personal and business ethics to that of professional ethics, including the various difficulties that may be associated with these elements of ethics.
- All the relevant requirements from the IESBA (and aligned with it, the SAICA and SAIPA) Code of Ethics applicable to Professional Accountants in Business, including:
- A practical approach to capture the essence of the principles on which our professional ethics is founded, the framework that enables us to apply it, and the process of identifying and addressing threats to ethical principles.
- Specific coverage on each of the threat indicators from Part 2 of the IESBA Code of Ethics, as well as elements incorporated from other relevant Codes of Ethics, and how to address them.
- The expectations placed upon the professional accountant in response to NOCLAR.
- A practical discussion of the most common areas prone to unethical behaviour in business and how to caution against rationalisations and justifications.
- An overview of the impact of technology and the digital environment on the accounting professional, and how members are to adapt their ethical approach in light of constant change.
- This session excludes the elements from Parts 3 and 4 of the Code, for members rendering audit and non-assurance services in public practice. For a full session on ethics for such members, please refer to the separate sessions that are available
Any accounting or tax professional that renders professional services for their own employer, i.e. inhouse accounting professionals such as financial managers, directors, inhouse tax professionals, administrative staff members, etc
