This course explores how to identify, evaluate and manage conflicts of interest and the threats they create to compliance with the fundamental principles of ethics.
Description
Accountants are trusted professionals and have a responsibility to act in the public interest and in the interests of their clients and the profession.
In this course, you will learn about actual and potential conflicts of interest and APES 110 Code of Ethics for Professional Accountants (including Independence Standards), which sets out the fundamental principles of ethics for professional accountants.
You will explore ways to identify, evaluate and manage conflicts of interest and the threats they create to compliance with the fundamental principles.
You will also learn about the requirements for disclosing and documenting a conflict of interest and managing confidentiality.
Key topics
- Identifying a conflict of interest
- Evaluating and managing a conflict of interest
- Disclosing and documenting a conflict of interest
This course consists of one online course, one downloadable PDF learning manual and one online assessment.
Learning objectives
- Determine how to identify conflicts of interest
- Develop strategies to manage conflicts of interest and the threats they create to professional judgement
- Evaluate disclosure and documentation requirements in relation to conflicts of interest