Contemporary Ethics for CPAs

Integrity is the overarching principle of the CPA Code of Professional Conduct and goes beyond adherence to the rules. Stakeholders rely on critical thinking, unbiased professional judgment and guidance, during dynamic environments and uncertainty. Being aware of emerging trends that may influence corporate sustainability, enables CPAs to provide leadership during times of transition, and changes in reporting standards. This seminar guides participants through recent developments in economic, social and governance trends, and how these changes may affect their role and the profession.

This course provides CPAs with an opportunity to ponder the importance of ethics and integrity in our profession using a blended learning model, interactive and self-reflective. Recent importance placed on ethical principles in businesses has created a framework for reporting environmental, social and governance benchmarks that indicate the sustainability of corporations. Also of importance are a company's efforts in combating money laundering and terrorist financing.

Government resources, recent reports, statistics, actual, and fictional case studies will assist the participants to navigate through relevant current trends, and how they may affect the accounting profession and their work as CPAs.

Applicable for:
CPAs who are not well-versed in ESG (Environment, Social Governance) and requirements under PCMLTR.

Learning Objectives
By the end of this course, participants should be able to:

  • Apply critical thinking to new and emerging trends related to the profession
  • Implement new best practices based on changes in the profession 
  • Apply the principle of integrity from the CPA Code to non-financial factors in reporting 
  • Communicate corporate values to stakeholders by utilizing “Tone at the Top” 
  • Apply the principles of the United Nations Global Compact to business situations
  • Describe the rules and guidance on money laundering, terrorist financing and the requirements in the event of a suspicious transaction
  • Describe the Statistics Canada ESG Dashboard and how it’s used in Canadian Industries. 
  • Describe the importance of Diversity, Equity and Inclusion. 
  • Describe the theories and purpose of ESG and the efforts of various governments and authorities to provide a framework for reporting corporate sustainability
  • Describe relevant proposed reporting standards

Content
The topics in this seminar include:

  • Ethics and the Profession
    • Why do we continue to study ethics?
    • Review the ethics definitions from the CPA Code of Conduct
    • How important is “Tone at the Top?”
  • Emerging Trends
    • United Nations Global Compact 
    • What does the Compact mean to CPAs?
  • Fighting Financial Crime
    • Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations (PCMLTFR) 
    • Anti-money Laundering (AML) Anti-terrorist Financing (ATF) 
    • Beneficial Ownership Registry
    • CPA Guide and Resources for AML/ATF
  • A New Frontier 
    • Environment, Social Governance (ESG)
    • Diversity, Equity, and Inclusion (DEI)
    • The Canadian Sustainability Standards Board (CSSB) (specific to ESG) 
    • ESG and Indigenous Peoples
    • Critical Thinking - Assessment Tool to Analyze ESG and Your Organization 

Seminar Leader: Jeff Price

Presented by PD Partner: CPA Pro

What to Expect

  • This is a Live Virtual Seminar where class size has been limited to allow for an interactive learning environment. 
  • This seminar will not be recorded.
  • Course materials, links and credentials will be emailed to you two business days before the seminar. Once sent, the email will also be found in your Account Communication tab of the CPA Manitoba Member Portal. 
  • Live webinars have varying levels of expected interaction, and some may require webcam and microphone capabilities – if you have concerns about the interaction required for this course, please email [email protected] 


CPA Manitoba PD Terms and Conditions 

When
11/24/2023 1:00 PM - 5:00 PM
Central Standard Time
Online registration not available.

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