Ethics, Independence and NOCLAR 2021

WHAT YOU WILL LEARN

By the end of this webinar the participant should:

• Be able to reflect on their ethical challenges and responses;
• Be able to apply ethical decisions in difficult situations;
• Understand the various rules of professional conduct that apply to them;
• Understand NOCLAR and the general application thereof; 
• Understand international norms and legislative prescription critical to all accounting professionals; and
• Have relevant guidance and source material to navigate their engagements with clients.

DESCRIPTION

The accounting profession demands strict adherence to the principles of ethics. Members of the public regard this profession highly and expect accountants to be ethical individuals who can be entrusted with the safe custody and correct valuation of their valuable assets, amongst other duties of the accountant.

Lately, the profession has received a big knock in the eyes of the public as cases of graft involving accounting professionals popped up, one after the other. The COVID-19 pandemic has added another dimension to our ethics conversation, with good people being challenged and operating in survival mode. It is important that the few rotten apples do not spoil the whole pack; the majority upright among us should play our part in stopping this rot. 

We are presenting a webinar during which real-life situations involving accountants in business will be discussed. These real-world examples will look at ethical fading, management integrity, financial reporting and disclosure issues, financial fraud, corporate crises, and the accountant’s professional responsibility towards their client and the general public.

PRICE

• Adhoc – R475
• Subscription Package – Accountant in Practice, Accountant in Practice plus Tax, Bookkeeper

CONTENT

Study Unit 1

What is ethics?

Study unit 2

Ethical fading.

Study unit 3

Conflict of Interest and independence

Study unit 4

Due-care and competency

Study unit 5

Understanding NOCLAR

Study unit 6

Adhering to rules set by your professional body

REQUIREMENTS

There are no preconditions for this course.
Moderate level.
Recorded webinar made available on a specified date

PRESENTER

Caryn Maitland CA (SA)

Caryn Maitland graduated in 1998 from the University of Natal, Pietermaritzburg (now UKZN), with a BCom Honours degree in Accounting and completed her articles with KPMG in 2001 and qualified as a Chartered Accountant (SA). She has been a member of IRBA as a registered auditor and accountant since 2002.

ADDITIONAL MATERIAL

By attending this webinar, you will be provided with:

•  Summarised slide presentation
•  Reference documents and / or course material where available
• Access to a technical knowledge base
• Recorded webinar that includes an expert presenter and participant interaction