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Accounting Ethics

Accounting Ethics

50mGeneral2021-07-23

Authors

Ajay Pangarkar

Ajay Pangarkar

Workplace Performance Strategist, Speaker, Author, Thought Leader

Course details

For both public and private businesses, timely and accurate financial reports are a vital part of communicating your company’s health. This can create some ethical challenges for the accountants and financial controllers who create the financial reports. In this course, instructor Ajay Pangarkar dives into some common ethical frameworks for accountants and looks at the role of ethics in business finances. Ajay explains the differences between ethics, values, and beliefs, then defines ethics within accounting, ethics specifically for accountants, and ethics in legal structures and corporate cultures. He discusses the importance of professional competency, professional accountability, and internal controls in retaining public trust. Ajay goes over key aspects of corporate governance, then concludes with some useful advice on ethics in practice.

Skills covered

Ethics and LawAccounting SkillsFinance and AccountingBusiness Analysis and StrategyOne-Off

Concepts

0. Introduction

  • 01 - The purpose of accounting ethics

1. Values, Ethics, and Governance

  • 02 - Differing between ethics, values, and beliefs
  • 03 - Defining ethics within accounting
  • 04 - Objectivity, transparency, and accountability

2. Ethical Responsibility for Business

  • 05 - Differing between legal and ethical choices
  • 06 - Ethics for an accountant (code of conduct)
  • 07 - Ethics through legal structure
  • 08 - Ethics within corporate culture

3. Accounting Ethical Responsibilities

  • 09 - Professional competency
  • 10 - Professional accountability
  • 11 - Ethical consideration and code of conduct
  • 12 - Internal controls and audit

4. Corporate Governance

  • 13 - Framing corporate governance
  • 14 - Boards of directors and board committees
  • 15 - Expanding role of governance
  • 16 - Nonprofit and public sector governance

Conclusion

  • 17 - Ethics in practice - Advice for next steps

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