There are five fundamental principles of the Code of Ethics for accountants who are members of all the different professional bodies. These are Integrity, Responsibility, Professional competence and due care, Confidentiality and Professional behaviour. True or False?
The answer is ‘False’.
To find out the correct answer, see our webinar called ‘Ethics for Accounting and Audit’ where you may download the slides and support materials, all for just €45. On successful completion, receive a CPD certificate for your newly acquired knowledge. Well done!
The webinar, is 62 minutes long, covers audit ethics and non-audit ethics separately. It may be viewed anytime for up to a year from date of purchase and includes the following key areas, among others:
- Brief introduction to ethics;
- Five Fundamental Principles;
- Conceptual Framework for decision making;
- Case studies for non-audit situations;
- Auditors’ Ethical Standard (Ireland); and
- Case studies.
All our webinars are accessible at any time (for 12 months from date of purchase) here.
We have also prepared, ready to use, several engagement and representation letter templates (in Word format) for many types of assignment, which help reduce misunderstandings about engagement scope and liability. These are available to purchase online (bulk purchases of 5 or more templates attract a 20% discount), please click on the relevant links.
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