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 

Presented by PD Partner: CPA Pro

What to Expect

  • An email will be sent from CPA Manitoba to the participant within two business days of registration. The email will include information on how to access the course along with the necessary login credentials. 
  • Once sent, the email will also be found in your Account Communication tab of the CPA Manitoba Member Portal.
  • This course is designed for participants to view while following along with the course material provided. 
  • This self-study course allows the user to save their progress and return to continue later.


Registration is for this course is open until March 31, 2024 and should be completed by August 31, 2024, after this time, access to the course will no longer be available.

To receive a certificate, participants must complete a quiz at the end of the course. Unlimited quiz attempts are available until the passing grade of 70% or better is achieved. After this you will no longer have access to the quiz.

CPA Manitoba PD Terms and Conditions 
When
1/1/2024 - 3/31/2024

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