Learning outcomes
On completion of this course, you will:
- Have up-to-date knowledge, understanding and confidence that will enable you to demonstrate high standards of ethical conduct in your professional role.
- Understand why professional ethics matters and appreciate how the Code of Ethics provides a framework for helping you meet your professional responsibilities.
- Develop competence and confidence in making ethical decisions.
- Awareness of, and ability to apply, the additional ethical guidance that is relevant to you as a specialist.
Topics
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Module 1: Practising professionalism
- Understand the importance of ethics for building trust in your profession.
- Identify the fundamental principles that underpin the Code of Ethics and explain how they can be implemented.
- Understand how the fundamental principles can help build a picture of the ‘ethical accountant’.
- Apply that understanding to reflect on your behaviour and professional development.
Verifiable CPD hours: 1
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Module 2: Ethical decision making
- Explain why we are limited in our ability to make ethical decisions.
- Know where to find relevant guidance in the Code of Ethics and apply that guidance to access further sources of support that are available to help you make and implement ethical decisions.
- Use the Framework for Resolving Ethical Problems to make a good decision.
- Choose to focus on either practice or industry for part of the module.
Verifiable CPD hours: 2
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Module 3: Ethics for specialists
- Understand the vital role that accountants play in combatting economic crime.
- Understand the rules and principles of the FRC’s Ethical Standard.
- Recognise potential independence threats and what safeguards may be available to reduce or eliminate them.
- Identify threats to the fundamental principles that might arise when involved in tax-related work.
- Divided into three units which can be completed separately.
Verifiable CPD hours: 1 (per unit)
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Module 4: Case studies in ethics
- Experience ICAEW training films to reinforce and apply your understanding of the Code of Ethics, especially the fundamental principles and the conceptual framework.
- Practical application of the FRC Ethical Standard.
- Reflect on how intimidation can undermine audit quality.
- Divided into four units which can be completed separately
Verifiable CPD hours: 1.5 (per unit)
Very comprehensive and made the learning very engaging, through use of the questions and the videos. It can be difficult just to read the Code of Ethics, and so the examples and quizzes are very helpful.
It's more than just the basic theories, also more than "CPD compliance".
The explanations were very detail and informative. The frequent reference to the five principles in each module helps to better explain the each situation as they develop.
Structure, presentation, material, delivery - all fantastic.
More information
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Are there any pre-requisites for completing this course?
No. The course does direct to interesting further reading throughout, however none of this is required to complete the course.
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Is there a pass mark?
The course is not graded, you will receive completion certificates to demonstrate verifiable CPD hours.
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Is this course available to non-members?
This course can be accessed by those holding the Business and Finance Professional designation, as well as individuals covered by ICAEW’s CPD policy either through reciprocal membership agreements or because they are regulated by ICAEW (for example as a key audit partner or an insolvency practitioner).
If you are not an ICAEW member, to access the course you must have registered on icaew.com. Find out more about registering and logging into icaew.com.
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How can I keep up to date after completing the certificate?
ICAEW has several communities and many resources around ethics, which can be found at icaew.com/ethics.
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When will I get my certificate?
You will receive completion certificates in real time, and you will be able to download the certificate from the “Awards” section of your profile in the online course programme.
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Would the completion certificate be accepted as credit for any related academic courses?
No credits have been arranged with any other institutions, although you do get an ICAEW certificate of completion as a credential that you can use on LinkedIn or in your CV, for example.
More support
Support
Your guide to CPD
Support and guidance on ICAEW’s CPD requirements, including how to identify your category and how to record your CPD.
Find out moreResources
ICAEW's ethics hub
Resources to support ICAEW members to foster public trust in business practices and uphold the reputation of the accountancy profession.
Support
Technical and Ethics Advisory Services
ICAEW Members can contact our free confidential helpline for advice and support on technical, ethical, anti-money laundering and fraud issues.