Through our Ethical Accounting and Audit Training Course we train professionals to understand and implement Ethical Principles as they apply to accounting and auditing in an effective manner. As the financial world becomes increasingly regulated, more scrutiny is placed on organizations from regulators, stake holders, and society. In many instances, an unethical act will result in significant legal consequences, as well as loss of reputation and the ability to maintain trust with stakeholders.
Delivered by Imperial Corporate Training Institute. This course will teach participants to have ethics embedded as a core professional value. Participants will be able to see how ethical decision making relates to their ability to demonstrate transparency, accountability, and sustainable long-term business operations.
Participants will have the opportunity to engage in structured learning and to apply their knowledge of ethical frameworks when assessing their professional judgment and responsibility in everyday practice as they apply to real-world events and scenarios associated with financial and audit practices. Participants will also focus on the importance of compliance and audit integrity in creating and maintaining reliable financial reporting systems and processes.
During the course, participants will learn how ethical standards should align with regulatory framework and the standards outlined in the various professional codes of conduct. Participants will be exposed to practical case studies that reflect the best practices around the globe and to the current challenges within the auditing world. By studying the information presented in these case studies, participants will gain skills and knowledge required to identify ethical risk, manage conflicts of interest, and maintain professional independence.
Objectives
Attendees will be able to:
- To promote a comprehensive understanding of ethics as a foundation in the field of accounting and auditing.
- To highlight the professional codes of conduct and the ethical obligations of accountants and auditors.
- To create a deeper understanding of the regulatory compliance requirements that impact the financial audits function.
- To strengthen the ethical judgement and professional scepticism in the performance of audit activities.
- To supply tools and techniques that allow participants to identify and mitigate ethical risks in the financial audits process.
- To enable participants to strengthen their abilities to make decisions in the financial reporting area when faced with ethical dilemmas.
- To solidify the independence, objectivity, and confidentiality of all audit engagement activity.
- To align the ethical practices of a business entity with their corporate governance and regulatory expectations.
Target Audience:
This course is designed for a broad spectrum of individuals performing accounting, auditing, and financial oversight duties, such as:
- Internal and external auditors who want to enhance their ethical audit practices.
- Professional accountants who perform the financial reporting and control functions.
- Finance managers and controllers who are responsible for compliance and corporate governance functions.
- Risk and compliance officers working in the regulated financial services environment.
- Members of audit committees and governance professionals.
- Newly qualified accountants and auditors who want to create a solid ethical foundation.
- Individuals preparing for elevated audit or financial leadership positions.
- Individuals who perform financial oversight functions for organisations in either the public or private sector.