Practice Update: Ethical Issues for Accountants

by John Taylor

Revised and up to date for 2024. Accountants in practice frequently face morally complex situations that leave you questioning the correct action to take. This course explores common ethical grey areas, when to apply professional judgement to your decisions and how your practice can maintain an ethical culture.

price £75+vat
cpd hours 4 CPD hours
access 120 days' access

This course will enable you to

  • Develop a thorough understanding of the key elements of the ethical codes required by professional bodies.
  • Apply the ethical frameworks to help you make good decisions in difficult situations.
  • Balance your duty to your client with your duty to society when providing tax advice.
  • Build an ethical culture within your practice.

About the course

It's vital that every accountant in practice should be familiar with the principles set down in the various ethical codes of the accountancy bodies. The reputation of a firm may be impacted by our capacity to stay objective, moral, and honest in our work. However, when ethical grey areas do arise, finding the right course of action from these codes isn't always simple.

This course considers such ethical grey areas and provides accountants in practice with the practical, day-to-day approaches they need to avoid making unsafe decisions. You will employ codes of professional conduct to fulfil your role, including when providing advice on taxation matters. You'll gain an understanding of the role of ethics in the workplace and how to establish an ethical culture in your practice.

Look inside

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Contents

  • Ethics in practice
    • Accountants in society
    • How frameworks work
    • The framework approach
    • Sticking to principles
    • Ethical codes and accountancy bodies
    • Recognising ethical threats
    • Types of ethical threat
    • The deep end of dependence
    • Professional scepticism
  • Principles and dilemmas
    • Ethical challenges
    • The theory of ethics
    • Dealing with dilemmas
    • Proximity
    • Culture clash
    • Normalisation of deviance
    • Being normalised
    • Socialising unethical behaviour
  • Tax and ethics
    • Professional conduct in relation to taxation
    • The role of the tax advisor
    • Does tax avoidance exist?
    • The law
    • The PCRT ethical principles
    • The relevant standards
    • Helpsheets
    • Professional judgement
    • Simplicity vs complexity
    • NOCLAR provisions
  • Creating an ethical culture
    • The tone at the top
    • The basis of an ethical culture
    • The hidden aspects of corporate culture
    • Normalisation
    • Poor communication
    • Building an ethical compliance culture
    • Developing an ethical culture
    • Compliance risk management
    • Policies and procedures
    • Ethics and HR
    • Maintaining an ethical culture
    • Performance appraisals

How it works

Author

John Taylor

John is a Chartered Accountant who has spent many years advising small and medium-sized businesses across the North of England. John is the author of two industry standard textbooks: Millichamp - Auditing and Forensic Accounting. He has also written several auditing textbooks for AAT courses.

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Access to this course
Total CPD unitshourshours4 unitshourshours21 units20 hours21 hours800+ unitshourshours800+ unitshourshours
Access period120 days120 days12 months12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team’s needs
Learn moreLearn moreLearn more
Recommended

Why not upgrade?

Find the best way to complete your CPD

Licence

All you need for this year and more.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Why not upgrade?

Find the best way to complete your CPD

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Licence

Recommended

All you need for this year and more.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

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