The Ethics Webinar Series (IESBA Code)

Overview:

The relationship between the accountant and their client is one that is based on utmost trust. This is true for most business relationships but very important in accounting where the relationship involves dealing with people's livelihoods in the form of their money, income and assets.

In order to maintain this trust, every accountant must be a highly ethical individual who follows specific ethical guidelines. To this end, the International Federation of Accountants (IFAC), in collaboration with the International Ethics Standards Board for Accountants (IESBA), has developed a publication series titled Exploring the IESBA Code. The series is intended to promote awareness, adoption and implementation of the International Code of Ethics for Professional Accountants (including International Independence Standards).

Our technical expert, Lettie Janse van Vuuren CA(SA), is presenting a webinar series where she unpacks  IFAC's publication series into easy-to-understand pieces with practical examples and a focus on South African requirements.

The Presenter:

Lettie Janse van Vuuren CA(SA), RA

Lettie is a Chartered Accountant, Registered Auditor, as well as an Assessor and Moderator. She joined SA Accounting Academy in November 2017 as Head of Technical. As a professional trainer and webinar host, she is able to hold the attention of an audience with her relaxed and humorous presentation style. She has a unique ability to communicate with delegates at their respective levels of knowledge and experience. Over the last 20 years, she has trained thousands of partners, managers, trainee accountants and other professionals.

She is responsible for researching, compiling and presenting our MCLU (Monthly Compliance and Legislation Updates). She was the Professional Development Manager at SAICA for 4 years and in charge of accrediting new training offices and monitoring existing ones (including the moderation of training offices and trainee assessments).

Admission requirements:

Anyone can attend this series. There are no minimum entry requirements.

Delivery:

The series is delivered through the SA Accounting Academy online learning platform. It is presented in easily digestible 2-hour long webinars during which the IESBA Code is presented using real-world situations in a manner that is relatable and practical. 

Language:

English.

Assessment:

You must pass the multiple-choice assessment - which is online. The pass mark is 80 percent. Once you have passed the assessment you will receive a certificate for each section.

Registration:

The course is open enrolment.

Pricing:

• R 475.00 - Individual webinar registration per person.

• R 1 700.00 - Whole webinar series registration per person.

.  Curriculum:

Topics:

Webinar 1: The Five Fundamental Principles & The Conceptual Framework Step 1 - Identifying Threats

In our first instalment let us start with the basics - The Five Fundamental Principles that govern every professional accountant's behaviour. We will also look at Step 1 of the Conceptual Framework which deals with identifying threats.

Webinar 2: The Conceptual Framework Step 2 - Evaluating Threats & Step 3 - Addressing Threats

The IESBA Code provides a conceptual framework which specifies a three-step approach that all professional accountants are to apply as far as threats are concerned. Step 1 (covered in Webinar 1) is identifying threats, Step 2 is evaluation and in Step 3 you address the threats. In this second instalment we discuss Steps 2 and 3.   

Webinar 3: Independence & Conflicts of Interest

Independence is closely linked to the principles of integrity and objectivity. It is a very important element of serving the public interest. In this third instalment we deal with the subject of independence as well as conflicts of interest.

Webinar 4: Inducements & Responding to NOCLAR for Professional Accountants in Business

In some cultures, the exchange of gifts and hospitality can be an important factor in building and strengthening business relationships. In Webinar 4 we look closely at inducements. We will also cover Non-Compliance with Laws and Regulations (NOCLAR) for Professional Accountants in Business (PAIBs).

Webinar 5: Responding to NOCLAR for Professional Accountants in Public Practice

Webinar 5 discusses Non-Compliance with Laws and Regulations (NOCLAR) for Professional Accountants in Public Practice (PAPPs).

Webinar 6: TBC

Information to be released at a later date.