FASSET & SAIPA Joint Ethics Event

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ETHICS WEBINAR brought to you by SAIPA

As the world has progressed from hand-shake agreements to paper agreements to electronic and cyber agreements, so too has there been a progression in the sophistication, potential, opportunity and temptation to commit fraud, hold biased opinions and ignore those behaviours that are socially unacceptable. This is not only true for staff, owners of businesses and the professions, but is also true for internet users, dark web users, the general public, cyber trawlers and others. The risks associated with these have increased exponentially and requires a re-examination of what ethical behaviour constitutes and how these can be applied in our changing and dynamic world.

Attendees will gain an understanding of what is bias and its effects on decision making and ethical behaviour. The webinar will also examine the fundamental principles of ethical behaviour for professions and businesses and will provide examples of how to apply these.

Overview

Ethics are moral principles that govern a person's behaviour or the conducting of an activity and is the branch of knowledge that deals with moral principles. It is neither metaphysics nor is its home in religion.

Ethics behaviour and standards, which will be the subject of this webinar, is the study of ethical action. It is the branch of ethics that investigates the set of questions that arise when considering how one ought to act, in any particular situation.

In many countries there is statutory regulation of professional ethical. Failure to comply with these standards may easily become a matter for the courts.

Bias is a disproportionate weight in favor of or against an idea or thing, usually in a way that is closed-minded, prejudicial, or unfair.

The webinar will address the above issues.

  • Overview of Ethics
  • Bias
    • Identification of bias found in professions and businesses
    • The effect of biases on ethical behaviour.
  • Standards for Ethics
    • Reasons for the implementation of standards
    • King IV Statutory requirements for ethical behaviour in business and professions.
    • Accounting profession ethics as required by the Handbook for Professional Accountants issued by the International Ethics Standards Board for Accountants.
      • Particular attention to NOCLAR
  • Examples of how to deal with ethical dilemmas

Presenter:

  • Saleem Kharwa

Who should attend?

  • Professional Accountant (SA)
  • Professional Accounting Practitioners
  • Business owners and staff