Course Detail(E143 : Ethical Considerations for Public Sector Accountants)

E143 : Ethical Considerations for Public Sector Accountants

4.00 CPE Hours (Category 2)
Classroom

Programme Objective
This highly interactive course provides the tools and techniques you need to identify red flags and warning signs in a public sector organisation before the damage is irreversible.
 
You will learn the 6 categories of financial gimmicks and the fundamental tricks that public officers have used to mislead auditors, senior management and boards. You will also get an update on how some of these gimmicks are being uncovered in today's technologically savvy world. 
 
You will gain first-hand knowledge and insights into:

  • Why Recent Ethical Compromises Occurred;
  • What are the Risk Factors to Look Out For; and
  • Top 10 Reasons Why Soft Controls Don’t Work.

 
This course will introduce participants to ethics, personal and professional skills and establish a foundation for developing an independent mindset to compare and question different ethical perspectives. This will ensure that all Singapore Chartered Accountants have the minimum requisite knowledge in these areas, which will then be further developed and integrated into the real world of a professional accountant.
 
The trainer will also share his analysis of the Auditor-General’s Office (AGO) Reports findings over the past 25 years. The analysis will also cover the key issues and sub-issues in the reports along with their root causes. Of the 1,800 issues that were identified over the past 25-year period, there were five realms that were noted to have recurrently contained gaps and lapses over this research period.
 
The trainer will share with you his real life experiences, easy-to-understand examples, ethical dilemmas faced by accountants and plenty of illustrations to help explain how past tricks and scams were uncovered.
 
By the end of this workshop, you will get to know what went wrong at Singapore Land Authority (SLA), National Parks Board, Singapore Corrupt Practices Investigation Bureau (CPIB), National Kidney Foundation (NKF), and other notable examples. 
 
 

Programme Outline

Module 1 – The Five Fundamental Principles We Learn
1.         The Five Fundamental Principles for Every Professional Accountant
2.         Legal and Ethical Expectations of a Chartered Accountant of Singapore
3.         Acting in the Public Interest



Module 2 – Learning Lessons from Past Failures in Public Sector
4.         Hard Truths – Analysing the AGO Report Findings from 1990 to 2015
5.         Where are the Hot Spots in Public Sector?
6.         Spotting the 5 Key Realms of Failures in Singapore Public Sector
7.         Uncovering the Top 3 Root Causes to Lapses in Singapore Public Sector
8.         It’s Story Time!


Practical Mini Case Studies:

  •  “Singapore Land Authority (SLA) – How $11.8M was Stolen over 2 Years?”
  • “Singapore  Corrupt  Practices  Investigation  Bureau  (CPIB) – Taming a Casino Dragon”
  • “National Kidney Foundation (NKF) – Under the Golden Tap”

 
Module 3 – Professional Ethics
9.         Code of Ethics for Professional Accountants
10.       Threats to the Fundamental Principles
11.       Safeguards Against Threats to Fundamental Principles
12.       Ethical Conflict Resolution
 
Module 4 – Personal Values and Concepts Integration
 
13.       Critical Thinking – Where are Financial Gimmicks Likely to Exist?
14.       Recap with a Fun Quiz and Game Show – “Who Wants to be an Ethics Guru?”



Why Attend this Seminar? Why this One?
The answer is communication. This course will help you better understand the language of ethics.


The trainer is a highly experienced practitioner and instructor and is well-regarded for his ability to translate complex and different ethical perspectives into plain language, and the use of illustrations, examples and real life experiences to help develop/enhance your understanding of ethical issues.


The trainer is able to draw on his full depth of knowledge about accounting, creativity, professional ethics and experience to develop compelling and enjoyable programmes.

Training Methodology
Lecture style, with Exercises/Case Studies

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

Intended For

This programme is intended for all Public Sector Accountants. Professional accountants from other sectors who would like to understand more about the professional conduct expected of a Chartered Accountant of Singapore, are welcome to attend.

Competency Mapping

Category 2 = 4.00 Hours

Schedule & Fees

Date & Time

11 Oct 2019 (1:30 PM - 5:30 PM)

Registration is closed

Programme Facilitator(s)

Sarjit Singh

Date & Time

11 Oct 2018 (1:30 PM - 5:30 PM)

Registration is closed

Programme Facilitator(s)

Sarjit Singh

Date & Time

11 Oct 2017 (1:30 PM - 5:30 PM)

Registration is closed

Programme Facilitator(s)

Sarjit Singh

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Sarjit Singh
FCA (Singapore), FCA (Australia)

Executive Chairman, Ardent Associates LLP

Sarjit is the Executive Chairman of Ardent Associates LLP, a firm of Chartered Accountants and the winner of the Best Practice Award at the Singapore Accountancy Awards in 2016. Ardent is a member firm of Kreston International.

Sarjit leads the Risk and Governance practice at Ardent. He has an extensive experience in a broad range of assurance and advisory services including statutory audits, corporate governance, risk assurance, internal audit, financial due diligence and regulatory advice.

Sarjit has over 25 years of multinational experience including 16 years with PricewaterhouseCoopers (PwC) where he led the audit and advisory engagements of various multinationals, public listed companies and financial institutions.

Prior to Ardent, Sarjit was the CFO of AIA Singapore and Aviva Asia. He was responsible for formulating and implementing the financial, investment and commercial strategies for AIA Singapore and Aviva's diverse businesses in Singapore, Hong Kong and the Asia Pacific region respectively.

Sarjit has served on various Singapore government-appointed committees, including the Committee on the Future Economy (CFE), Working Group on Legal and Accounting Services and the Central Provident Fund (CPF) Life Committee.

Sarjit is presently serving as the Chairman of the Singapore Accountancy Commission’s Chartered Accountancy Learning and Assessment Committee – Foundation Programme. He is also a member of the Board of Education and Examiners at the Institute of Singapore Chartered Accountants.

Sarjit was conferred the Public Service Star (BBM) in 2011, the Public Service Medal (PBM) in 2007, the ‘Nanyang Alumni Achievement Award’ in 2012, and the SG50 community accolade in 2015 in recognition of his professional achievements and contributions to the nation.
 

Programme Objective
This highly interactive course provides the tools and techniques you need to identify red flags and warning signs in a public sector organisation before the damage is irreversible.
 
You will learn the 6 categories of financial gimmicks and the fundamental tricks that public officers have used to mislead auditors, senior management and boards. You will also get an update on how some of these gimmicks are being uncovered in today's technologically savvy world. 
 
You will gain first-hand knowledge and insights into:

  • Why Recent Ethical Compromises Occurred;
  • What are the Risk Factors to Look Out For; and
  • Top 10 Reasons Why Soft Controls Don’t Work.

 
This course will introduce participants to ethics, personal and professional skills and establish a foundation for developing an independent mindset to compare and question different ethical perspectives. This will ensure that all Singapore Chartered Accountants have the minimum requisite knowledge in these areas, which will then be further developed and integrated into the real world of a professional accountant.
 
The trainer will also share his analysis of the Auditor-General’s Office (AGO) Reports findings over the past 25 years. The analysis will also cover the key issues and sub-issues in the reports along with their root causes. Of the 1,800 issues that were identified over the past 25-year period, there were five realms that were noted to have recurrently contained gaps and lapses over this research period.
 
The trainer will share with you his real life experiences, easy-to-understand examples, ethical dilemmas faced by accountants and plenty of illustrations to help explain how past tricks and scams were uncovered.
 
By the end of this workshop, you will get to know what went wrong at Singapore Land Authority (SLA), National Parks Board, Singapore Corrupt Practices Investigation Bureau (CPIB), National Kidney Foundation (NKF), and other notable examples. 
 
 

Programme Outline

Module 1 – The Five Fundamental Principles We Learn
1.         The Five Fundamental Principles for Every Professional Accountant
2.         Legal and Ethical Expectations of a Chartered Accountant of Singapore
3.         Acting in the Public Interest



Module 2 – Learning Lessons from Past Failures in Public Sector
4.         Hard Truths – Analysing the AGO Report Findings from 1990 to 2015
5.         Where are the Hot Spots in Public Sector?
6.         Spotting the 5 Key Realms of Failures in Singapore Public Sector
7.         Uncovering the Top 3 Root Causes to Lapses in Singapore Public Sector
8.         It’s Story Time!


Practical Mini Case Studies:

  •  “Singapore Land Authority (SLA) – How $11.8M was Stolen over 2 Years?”
  • “Singapore  Corrupt  Practices  Investigation  Bureau  (CPIB) – Taming a Casino Dragon”
  • “National Kidney Foundation (NKF) – Under the Golden Tap”

 
Module 3 – Professional Ethics
9.         Code of Ethics for Professional Accountants
10.       Threats to the Fundamental Principles
11.       Safeguards Against Threats to Fundamental Principles
12.       Ethical Conflict Resolution
 
Module 4 – Personal Values and Concepts Integration
 
13.       Critical Thinking – Where are Financial Gimmicks Likely to Exist?
14.       Recap with a Fun Quiz and Game Show – “Who Wants to be an Ethics Guru?”



Why Attend this Seminar? Why this One?
The answer is communication. This course will help you better understand the language of ethics.


The trainer is a highly experienced practitioner and instructor and is well-regarded for his ability to translate complex and different ethical perspectives into plain language, and the use of illustrations, examples and real life experiences to help develop/enhance your understanding of ethical issues.


The trainer is able to draw on his full depth of knowledge about accounting, creativity, professional ethics and experience to develop compelling and enjoyable programmes.

Training Methodology
Lecture style, with Exercises/Case Studies

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

Intended For

This programme is intended for all Public Sector Accountants. Professional accountants from other sectors who would like to understand more about the professional conduct expected of a Chartered Accountant of Singapore, are welcome to attend.

Competency Mapping

Category 2 = 4.00 Hours

Programme Facilitator(s)

Sarjit Singh
FCA (Singapore), FCA (Australia)

Executive Chairman, Ardent Associates LLP

Sarjit is the Executive Chairman of Ardent Associates LLP, a firm of Chartered Accountants and the winner of the Best Practice Award at the Singapore Accountancy Awards in 2016. Ardent is a member firm of Kreston International.

Sarjit leads the Risk and Governance practice at Ardent. He has an extensive experience in a broad range of assurance and advisory services including statutory audits, corporate governance, risk assurance, internal audit, financial due diligence and regulatory advice.

Sarjit has over 25 years of multinational experience including 16 years with PricewaterhouseCoopers (PwC) where he led the audit and advisory engagements of various multinationals, public listed companies and financial institutions.

Prior to Ardent, Sarjit was the CFO of AIA Singapore and Aviva Asia. He was responsible for formulating and implementing the financial, investment and commercial strategies for AIA Singapore and Aviva's diverse businesses in Singapore, Hong Kong and the Asia Pacific region respectively.

Sarjit has served on various Singapore government-appointed committees, including the Committee on the Future Economy (CFE), Working Group on Legal and Accounting Services and the Central Provident Fund (CPF) Life Committee.

Sarjit is presently serving as the Chairman of the Singapore Accountancy Commission’s Chartered Accountancy Learning and Assessment Committee – Foundation Programme. He is also a member of the Board of Education and Examiners at the Institute of Singapore Chartered Accountants.

Sarjit was conferred the Public Service Star (BBM) in 2011, the Public Service Medal (PBM) in 2007, the ‘Nanyang Alumni Achievement Award’ in 2012, and the SG50 community accolade in 2015 in recognition of his professional achievements and contributions to the nation.
 

Upcoming Schedule

Registration is closed

Date & Time

11 Oct 2019 (1:30 PM - 5:30 PM)

Fee (inclusive of GST)

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

Programme Facilitator(s)

Sarjit Singh

Venue

60 Cecil Street
ISCA House
Singapore 049709