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Home / Webinar / Ethics - Implementing the New ICAEW & ACCA Rules

Pricing

Non member £99.00 + VAT

Presenter

Dave Norris

About Dave
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What's Included

  • Expert Knowledge from an Industry-Leading Speaker
  • Verifiable CPD hours
  • CPD Tracking and Certificate
  • Live Webinar (if a future date is listed) with Q&A
  • The Recording of the Event
  • Supporting Materials

Objectives 

The course will focus on the 2025 changes brought in by the ICAEW and ACCA to their Ethical regulations. The course will assist individuals in reflecting on various situations and consider the appropriate response.

For ICAEW members, the course will meet the requirement for at least 1 hour of Ethics CPD a year.

Key Topics

UNDERLYING ETHICAL FRAMEWORK

  • Source of ethical principles and rules
  • IESBA Code
  • ICAEW
  • Further information
  • Why has ICAEW revised the Code of Ethics?
  • What about PCRT?
  • For the future

REMINDER OF THE FUNDAMENTAL ETHICAL PRINCIPLES

  • The five principles
  • Integrity
  • Objectivity
  • Professional competence and due care
  • Confidentiality
  • Professional behaviour

CHANGES – ROLE AND MINDSET

  • Acting in the public interest
  • Objectivity and Professional Behaviour
  • Strength of character to act appropriately
  • Having an inquiring mind
  • Bias and organisational culture

CHANGES – THE IMPACT OF TECHNOLOGY

  • The principle of objectivity
  • Technology
  • Professional competence and due care
  • Confidentiality
  • Complex circumstances
  • Use of technology
  • Preparation and presentation of information
  • Professional accountants in public practice
  • Professional appointments
  • Business relationships
  • Buying goods and services

SAFEGUARDS / IMPLICATIONS

  • Stronger Emphasis on Acting in the Public Interest
  • Role and Mindset: What Is Now Expected of All Accountants
  • Bias and Organisational Culture
  • Professional Competence and Due Care — Technology Included
  • Confidentiality — Much Stronger and Broader
  • Complexity Now Built Into the Conceptual Framework
  • Use of Technology — Ethical Risks and Safeguards
  • Public Practice and Firms — Culture and Controls
  • Big Picture: What ICAEW Is Signalling
  • Safeguards
  • Firm-wide safeguards
  • Engagement-specific safeguards
  • Do safeguards always work?
  • Suggested responses
  • Culture
  • Training / Guidance
  • Policies and procedures

Who Should Attend

The course is relevant to everyone working in general practice.