This is an e-learning programme and also a module from the ISCA Professional Business Accountant (PBA) Programme.
 
Upon successful registration and payment, you will be notified via email within 10-15 mins on your enrolment confirmation with user instructions to access this programme.
 
Please complete all topics and sub-topics within the E-Learning courseware.
(The programme and assessment is valid for 6 months from the date of purchase)


Programme Objective

Professional scepticism is an essential skill in almost any professional role, including professional accountants. It involves having a questioning mind and a critical assessment of data and information received. In the process of financial reporting preparation, accountants should diligently apply scepticism to reduce errors and misrepresentation and to assess that the financial information is faithfully represented.

At the end of this module, you will be able to:

• Recognise the importance of Professional Scepticism to minimise errors in financial reporting;
• Apply techniques to reduce unconscious bias when assessing data and information;
• Apply a questioning mind when investigating the unusual or unexpected data and information;
• Demonstrate curiosity by exploring beyond what is immediately apparent; and

Apply critical thinking when identifying and evaluating alternatives to determine the appropriate course of action.

Programme Outline

1) Introduction to Professional Scepticism

• Consequences of not applying professional scepticism
• Characteristics and behaviours of Accountants with professional scepticism
• Barriers to applying professional scepticism and ways to manage barriers

2) Professional Scepticism Critical Thinking process

• Problem identification: Identify unusual or unexpected data and information
  • Importance of creating expectations
  • Identify anomalies that are inconsistent with expectations
  • Reduce unconscious bias
• Problem construction: Investigate the unusual or unexpected data and information
  • Define a problem
  • Identify stakeholders involved
  • Ask questions
• Divergent thinking: Generate explanations for the unusual or unexpected data and information
• Convergent thinking: Eliminate explanations that should not be pursued to determine the appropriate course of action

Training Methodology

E-Learning (24/7) with video and MCQ Assessment

No cancellation or change in programme enrolment once the enrolment is successful.

Click here for ISCA E-Learning User Guide.
 

Intended For

Accounting and finance professionals who are interested to learn how to apply scepticism in the course of their work through Professional Scepticism Critical Thinking Process.

Competency Mapping

Category 2 = 1.00 Hours

Programme Facilitator(s)