CPDStore Ireland

The need to comply with the requirements of the Code of Ethics for professional Accountants increases ever more. It is recognised that there are complexities in following the Code and these presentations are designed to:

• Raise awareness of ethics for professional accountants,
• Improve client service,
• Increase audit quality, and
• Assist in growing the firm.

Clearly these are desirable objectives for any successful professional services firm.

The public is increasingly aware of the Code and this:

• Resulted in a more concerning attitude of clients in general
• Heightened expectations for professional accountants to be independent and observant of the fundamental principles of the Code
• Created a competitive environment for professional services firms in their endeavour to attract client.

Ulrich Schäckermann will cover the following topics during this webinar:

• Ethical considerations in dealing with conflicts of interest
• The effect of ethics on the planning of an audit
• Action to be taken in the event of the discovery of irregularities during the as audit.

The presentation is designed in such a way that:

• Attendees will gain a better understanding of the Code’s requirements in regard to the subject matters, and
• Encourages participants to engage in some self-study.
• A better understanding of the obligation of professional accountants to comply with the obligatory requirements of the Code of Ethics.

This is supported by providing detailed references to the Code and, where practical, providing some real-life examples. 

Participants will gain—confidence, practical strategies, real-world examples for use in their daily tasks.

A timely reminder to pay attention to the requirements of the Code in order to avoid professional complications going forward.

With rising public scrutiny and evolving ethical expectations, staying ahead of the Code is no longer optional—it’s essential.

The session is designed for:

• Auditors and accountants who are registered with a professional accounting body that requires compliance with the Code of Ethics.
• It is also very useful for staff and trainees who work in professional accounting firms who also need to comply with the Code of Ethics under the guidance of partners or directors of the firm.

Therefore, all who work in a professional services firm must be at least familiar with the way in which their work is affected by the Code and then act in the best interest of the firm and themselves.

Course Level: Intermediate