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Ethics for Accountants: Are we really ethical? 2022

Recorded 21 November 2022. Understanding the ethical standards accountants are held to and what they really mean in practice.

APES 110 Code of Ethics in practice
Interaction with the Code of Conduct
What does ethics really mean to accountants?

Recorded 21 November 2022

The Ethics for Accountants webinar explores the Accountants Code of Ethics, the application of the Code in practice, and its interaction with the Tax Practitioners Board Code of Professional Conduct.

The accounting profession has one of the highest trust ratings of all professions and the ethos of those that practice within it is to protect the client. So, who needs a Code of Ethics, right?

The 1 January 2022 update to APES 110 Code of Ethics for professional accountants, introduced the concept of the “mindset expected of professional accountants” including an “inquiring mind”. But what does that really mean in practice and are we fulfilling the obligations set down by the Code?

The Code questions what it means to be a professional and that definition extends well beyond doing what we perceive to be right by clients.

Total 1.25 CPD Hours

What we cover

Join us as we launch into the typical moral and professional dilemma’s accountants typically face, the framework for identifying and resolving those dilemmas, and the safeguards within the standards.

Why a Code of Ethics in a profession that is highly trusted?
The obligations of the Code of Ethics and what they mean in practice
Interaction with the Code of Professional Conduct
The NOCLAR rules (non-compliance with laws and regulations)
Identifying and managing conflicts of interest – what you can and can’t do
Ethical frameworks for resolving dilemmas
Understanding bias and its implications on ethical decision making

Conrad Gilbert

Professionalism & Governance Specialist, Knowledge Shop

Conrad has over 35 years of experience in financial services. He works with professionals to navigate the practical impact of change on their practices and clients.

In addition to his work with Knowledge Shop, Conrad is currently completing a PhD at Griffith University. He holds an MBA and a Postgraduate Diploma in Business Administration from the University of Qld, a Postgraduate Diploma in Research Studies, and a Bachelor of Commerce from Griffith University.