Ethical Conduct in Business: Why it Matters
In this webinar you will examine ethics through a different lens by focussing on the shifting ethical expectation of business. You will consider the impact on potential threats to compliance with the fundamental principles in the Code of Ethics and identify strategies to respond appropriately.
What does ethical behaviour have to do with business success? Everything. Your reputation is your most valuable asset and behaving ethically is an essential element to both maintaining and enhancing it.
Research has shown that the more often we revisit our ethical obligations the higher the likelihood that we will respond appropriately when faced with an ethical dilemma.
Karen McWilliams, Leader – Policy and Thought leadership discusses why ethical expectations matter to the finance profession and the role of CA ANZ in this changing landscape.
Clare Payne, Ethics Consultant to CAANZ Education, will then discuss the shifting ethical expectations of business including:
- the transition from profit motive to stakeholder view
- why this transition is occurring
- the challenges ahead.
Do these shifting ethical expectations challenge your personal values, beliefs, motivations and attitudes? How does this interact with your compliance with the Code? Work through the issues and potential threats and consider how you would implement safeguards to maintain compliance with the Code.Learning Outcomes
Upon satisfactory completion of this webinar you will be able to:
- Describe the shifting ethical expectations of business
- Explain how shifting ethical expectations may create ethical dilemmas for chartered accountants
- Question personal beliefs, motivations and attitudes and how they impact one’s ethics
- Identify potential threats in the accounting profession that may impact compliance with the principles of the Code of Ethics
- Develop procedural safeguards to maintain compliance with the Code of Ethics
Successful completion of this webinar will develop your skills and confidence in selecting the best course of action. It will also help you avoid the pitfalls that often undermine acting ethically.
Karen McWilliams, Ethics and Sustainability Leader, CA ANZ Karen oversees policy and advocacy work in sustainability, integrated reporting and ethics for CA ANZ.
Clare Payne, Ethics consultant to CA ANZ Education Clare specialises in the field of ethics in banking and finance. Clare commenced her career as an employment lawyer and subsequently managed the Integrity Office of a Global Investment Bank. Clare was a Founding Director of The Banking and Finance Oath (thebfo.org), a Hippocratic-type Oath for the banking and finance industry. Clare also holds the positions of Chief of Global Strategy with Tobacco Free Portfolios and is a Consulting Fellow for Ethics in Banking and Finance with The Ethics Centre.
Lynn Morrison, EY Partner Lynn leads EY’s Oceania's China Assurance Practice.
Topic: Ethics & Integrity
Format: Recorded Webinar
Proficiency Level: Intermediate
CPD: 1 hours