This training session provides auditing trainees with an in-depth understanding of ethical principles in the auditing profession. Participants will explore real-world ethical dilemmas, regulatory frameworks, and professional conduct guidelines. Through interactive case studies and discussions, attendees will develop ethical decision-making skills to navigate challenges while maintaining integrity and compliance with South African auditing standards.
The session delves into the ethical obligations of auditing trainees, the pressures they may face, and the importance of professional independence. Participants will examine key regulatory frameworks, including the SAICA Code of Professional Conduct, IRBA regulations, and South African legislation. Through practical case studies, they will learn how to apply ethical principles in real auditing scenarios.
Key Topics Covered:
• Ethics in auditing: principles and professional responsibilities
• Ethical challenges faced by auditing trainees (pressure, conflicts of interest, confidentiality)
• SAICA Code of Professional Conduct and IRBA Code of Conduct
• Legal frameworks: Companies Act, Auditing Profession Act, PRECCA, and King IV Code
• Case studies on ethical dilemmas in auditing practice
• Ethical decision-making frameworks and best practices
• Auditing trainees
• Junior auditors
• Accounting students
• Professionals entering the auditing profession
• Supervisors and mentors who guide trainees, helping them navigate ethical challenges and uphold professional integrity in auditing engagements
