Course Detail(E085 : Professional Ethics In a Changing World: Ethical Standards for Accountants Today)

E085 : Professional Ethics In a Changing World: Ethical Standards for Accountants Today

3.50 CPE Hours (Category 2)
Classroom


Programme Objective

Professionals in various fields have been in the limelight as corporate scandals from Enron in the US to the recent scandals involving traditionally trustworthy Japanese firms. In Singapore, we have the NKF saga where the role of the auditors was misunderstood simply because they were auditors.

Corporate governance issues continue to haunt every step, even in the realm of non-profit organizations where volunteers are now scrutinized. Questions were raised about what the roles of the auditors and accountants are. Such questions often cast an unfair doubt over the independence of auditors and their ability to do their work. Often there is a misunderstanding of what must be done (in law) and what should be done (ethically). There is a need for a re-look at the ethical standards of auditors and accountants in corporate governance.

This programme will, using case studies, highlight the limitations placed on the ability of auditors and accountants to provide full services to their clients as well as the traditional duties of the auditor and accountant

Programme Outline

  • How law affects ethics
  • The professional standards
  • The duties under Negligence, with a discussion on Contributory Negligence and Negligent Misstatements;
  • The parties to whom duties are owed, including the Company, shareholders, creditors and the public
  • Duties to be imposed on employees, especially for confidentiality and fidelity
  • The use of exemption clauses and disclaimers;
  • Discussion on the ISCA Code of Professionalism Conduct and Ethics


Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

A Foundation level programme intended for Auditors and accountants who need to re-acquaint themselves on what their ethical and legal liabilities are, new professionals wanting to know what they are in for as well as members of the public who want to know what to expect from their professional advisors.

Competency Mapping

Category 2 = 3.50 Hours

Schedule & Fees

Date & Time

11 Feb 2020 (2:00 PM - 5:30 PM)

Fee (inclusive of GST)

For Members: $ 199.02
For Non-Members: $ 237.54

Programme Facilitator(s)

Tan Peng Kwee

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

18 Aug 2020 (2:00 PM - 5:30 PM)

Fee (inclusive of GST)

For Members: $ 199.02
For Non-Members: $ 237.54

Programme Facilitator(s)

Tan Peng Kwee

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

18 Nov 2020 (2:00 PM - 5:30 PM)

Fee (inclusive of GST)

For Members: $ 199.02
For Non-Members: $ 237.54

Programme Facilitator(s)

Tan Peng Kwee

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

18 Sep 2019 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Tan Peng Kwee

Date & Time

27 Feb 2019 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Tan Peng Kwee

Date & Time

17 Oct 2018 (2:00 PM - 5:30 PM)

Registration is closed

Programme Facilitator(s)

Tan Peng Kwee

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Tan Peng Kwee
(LLB (Hons), NUS), Notary Public, Commissioner for Oaths, Advocate & Solicitor Supreme Court of Singapore


Peng Kwee has been practising as a lawyer in Singapore with more than 15 years with experience in civil and criminal work. He is presently a consultant with Aptus Law Corporation.

He is presently lecturing at the Singapore Accountancy Academy. He conducts continuing professional education seminars with Institute of Singapore Chartered Accountants and the Commercial Affairs Department of the Singapore Police Force. He also conducts seminars and workshops with various institutions and multi-national corporations primarily in the corporate, human resource, engineering and construction fields. In the past, he lectured at the Nanyang Business School of the Nanyang Technological University, Temasek Polytechnic and the Singapore Police Force. He was also a facilitator at Republic Polytechnic.


Programme Objective

Professionals in various fields have been in the limelight as corporate scandals from Enron in the US to the recent scandals involving traditionally trustworthy Japanese firms. In Singapore, we have the NKF saga where the role of the auditors was misunderstood simply because they were auditors.

Corporate governance issues continue to haunt every step, even in the realm of non-profit organizations where volunteers are now scrutinized. Questions were raised about what the roles of the auditors and accountants are. Such questions often cast an unfair doubt over the independence of auditors and their ability to do their work. Often there is a misunderstanding of what must be done (in law) and what should be done (ethically). There is a need for a re-look at the ethical standards of auditors and accountants in corporate governance.

This programme will, using case studies, highlight the limitations placed on the ability of auditors and accountants to provide full services to their clients as well as the traditional duties of the auditor and accountant

Programme Outline

  • How law affects ethics
  • The professional standards
  • The duties under Negligence, with a discussion on Contributory Negligence and Negligent Misstatements;
  • The parties to whom duties are owed, including the Company, shareholders, creditors and the public
  • Duties to be imposed on employees, especially for confidentiality and fidelity
  • The use of exemption clauses and disclaimers;
  • Discussion on the ISCA Code of Professionalism Conduct and Ethics


Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

A Foundation level programme intended for Auditors and accountants who need to re-acquaint themselves on what their ethical and legal liabilities are, new professionals wanting to know what they are in for as well as members of the public who want to know what to expect from their professional advisors.

Competency Mapping

Category 2 = 3.50 Hours

Programme Facilitator(s)

Tan Peng Kwee
(LLB (Hons), NUS), Notary Public, Commissioner for Oaths, Advocate & Solicitor Supreme Court of Singapore


Peng Kwee has been practising as a lawyer in Singapore with more than 15 years with experience in civil and criminal work. He is presently a consultant with Aptus Law Corporation.

He is presently lecturing at the Singapore Accountancy Academy. He conducts continuing professional education seminars with Institute of Singapore Chartered Accountants and the Commercial Affairs Department of the Singapore Police Force. He also conducts seminars and workshops with various institutions and multi-national corporations primarily in the corporate, human resource, engineering and construction fields. In the past, he lectured at the Nanyang Business School of the Nanyang Technological University, Temasek Polytechnic and the Singapore Police Force. He was also a facilitator at Republic Polytechnic.

Upcoming Schedule

Date & Time

11 Feb 2020 (2:00 PM - 5:30 PM)

Fee (inclusive of GST)

For Members: $ 199.02
For Non-Members: $ 237.54

Programme Facilitator(s)

Tan Peng Kwee

Venue

60 Cecil Street
ISCA House
Singapore 049709