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.

Programme Facilitator(s)