Course Detail(E143v : Ethical Considerations for Public Sector Accountants (Live Webinar))

E143v : Ethical Considerations for Public Sector Accountants (Live Webinar)

3.50 CPE Hours (Category 2)
Live Webinar

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 the 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 latest Auditor-General’s Office (AGO) Reports findings. The analysis will also cover the key issues and sub-issues in the reports along with their root causes. There are five realms that are 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 most recent AGO Report Findings

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 Course? 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 = 3.50 Hours

Schedule & Fees

Date & Time

02 Dec 2024 (2:00 PM - 5:30 PM)

Fee (inclusive of GST)

For Members: $ 183.12
For Non-Members: $ 218.00

Programme Facilitator(s)

Sarjit Singh

Venue

Online Classroom in or outside of
Singapore

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Sarjit Singh
BBM (L) BBM, PBM, FCA (Australia), 
FCA (Singapore), CVA, ISCA FFP, Ph.D

 

Sarjit Singh is the CEO of a Singapore headquartered business advisory and consulting practice.

Recognised by NTU as a financial industry talent, Sarjit was the winner of the Nanyang Alumni Achievement Award in 2012. He has over 30 years of multinational experience and has built an extensive career in assurance and advisory, including 16 years with PricewaterhouseCoopers.

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 was appointed as an Adjunct Associate Professor by Nanyang Technological University (NTU) from 2010 to 2016 for his expertise in Financial Reporting and Analysis, Corporate Governance, Risk Management and Auditing. Sarjit had conceptualized and delivered a very popular and highly rated elective programme on ‘Business Frauds and Scandals’ at Nanyang Business School, NTU. Sarjit was also the Master Workshop Facilitator for ‘Business Valuation, Governance and Risk’ module of the Singapore Qualification Programme for Chartered Accountants.

Sarjit is particularly well-known for his ability to translate complex and difficult financial concepts into plain language, and the use of real life experiences, easy to understand illustrations and case studies to help the participant's ability to understand finance, accounting and risk. He adopts a highly interactive approach in his seminars and workshops which makes learning both fun, highly engaging and memorable. Sarjit has consistently achieved high participant feedback ratings for his training sessions at the Institute of Singapore Chartered Accountants (ISCA), Chartered Financial Analyst Programmes (CFA), Institute of Internal Auditors (IIA), MAS Academy, SGX Academy. Temasek Holdings, Singtel, Sembcorp, Supreme Court of Singapore and the Auditor-General’s Office.

He was appointed by the Singapore government in 2016 to serve on the Committee on the Future Economy (CFE) – Working Group on Legal and Accounting Services.

Sarjit is presently serving as the Advisor to the Singapore Accountancy Commission’s Chartered Accountancy Learning and Assessment Committee – Foundation Programme. He also serves on various boards and committees including the Investigation and Disciplinary Panel of the Institute of Singapore Chartered Accountants (ISCA)and Board of Advisors of Nanyang Technological University Investment Interactive Club.

Sarjit also serves as District Councillor and Chairman of the Finance Committee at Central Singapore Community Development Council. He is also the Vice President of Singapore Indian Development Association (SINDA) Executive Committee and a member of SINDA’s Audit Committee.

Sarjit has received multiple accolades throughout his illustrious career and for his contributions to the Singapore community. He is a recipient of three national honours conferred by the President of the Republic of Singapore – the Public Service Star (Bar) in 2021, the Public Service Star in 2011, and the Public Service Medal in 2007.

He is also a recipient of the prestigious SkillsFuture Fellowship in 2019. Presented by the President of the Republic of Singapore, this award honours individuals as masters of skills and mentors of future talent.

Sarjit is a Fellow Chartered Accountant of both the Institute of Singapore Chartered Accountants (ISCA) and Chartered Accountants Australia and New Zealand (CA ANZ). He is also a Chartered Valuer and Appraiser and a Financial Forensic Professional credential holder.

Sarjit completed the Advanced Management Program at Harvard Business School and is an alumni of Harvard University.

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 the 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 latest Auditor-General’s Office (AGO) Reports findings. The analysis will also cover the key issues and sub-issues in the reports along with their root causes. There are five realms that are 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 most recent AGO Report Findings

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 Course? 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 = 3.50 Hours

Programme Facilitator(s)

Sarjit Singh
BBM (L) BBM, PBM, FCA (Australia), 
FCA (Singapore), CVA, ISCA FFP, Ph.D

 

Sarjit Singh is the CEO of a Singapore headquartered business advisory and consulting practice.

Recognised by NTU as a financial industry talent, Sarjit was the winner of the Nanyang Alumni Achievement Award in 2012. He has over 30 years of multinational experience and has built an extensive career in assurance and advisory, including 16 years with PricewaterhouseCoopers.

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 was appointed as an Adjunct Associate Professor by Nanyang Technological University (NTU) from 2010 to 2016 for his expertise in Financial Reporting and Analysis, Corporate Governance, Risk Management and Auditing. Sarjit had conceptualized and delivered a very popular and highly rated elective programme on ‘Business Frauds and Scandals’ at Nanyang Business School, NTU. Sarjit was also the Master Workshop Facilitator for ‘Business Valuation, Governance and Risk’ module of the Singapore Qualification Programme for Chartered Accountants.

Sarjit is particularly well-known for his ability to translate complex and difficult financial concepts into plain language, and the use of real life experiences, easy to understand illustrations and case studies to help the participant's ability to understand finance, accounting and risk. He adopts a highly interactive approach in his seminars and workshops which makes learning both fun, highly engaging and memorable. Sarjit has consistently achieved high participant feedback ratings for his training sessions at the Institute of Singapore Chartered Accountants (ISCA), Chartered Financial Analyst Programmes (CFA), Institute of Internal Auditors (IIA), MAS Academy, SGX Academy. Temasek Holdings, Singtel, Sembcorp, Supreme Court of Singapore and the Auditor-General’s Office.

He was appointed by the Singapore government in 2016 to serve on the Committee on the Future Economy (CFE) – Working Group on Legal and Accounting Services.

Sarjit is presently serving as the Advisor to the Singapore Accountancy Commission’s Chartered Accountancy Learning and Assessment Committee – Foundation Programme. He also serves on various boards and committees including the Investigation and Disciplinary Panel of the Institute of Singapore Chartered Accountants (ISCA)and Board of Advisors of Nanyang Technological University Investment Interactive Club.

Sarjit also serves as District Councillor and Chairman of the Finance Committee at Central Singapore Community Development Council. He is also the Vice President of Singapore Indian Development Association (SINDA) Executive Committee and a member of SINDA’s Audit Committee.

Sarjit has received multiple accolades throughout his illustrious career and for his contributions to the Singapore community. He is a recipient of three national honours conferred by the President of the Republic of Singapore – the Public Service Star (Bar) in 2021, the Public Service Star in 2011, and the Public Service Medal in 2007.

He is also a recipient of the prestigious SkillsFuture Fellowship in 2019. Presented by the President of the Republic of Singapore, this award honours individuals as masters of skills and mentors of future talent.

Sarjit is a Fellow Chartered Accountant of both the Institute of Singapore Chartered Accountants (ISCA) and Chartered Accountants Australia and New Zealand (CA ANZ). He is also a Chartered Valuer and Appraiser and a Financial Forensic Professional credential holder.

Sarjit completed the Advanced Management Program at Harvard Business School and is an alumni of Harvard University.


Upcoming Schedule

Date & Time

02 Dec 2024 (2:00 PM - 5:30 PM)

Fee (inclusive of GST)


SGD pricing -

For Members: $ 183.12
For Non-Members: $ 218.00


Programme Facilitator(s)

Sarjit Singh

Venue

Online Classroom in or outside of
Singapore