ICAEW believes that integrity is fundamental to ethical behaviour. Ethical behaviour is not just a matter of concern and media debate but of crucial importance to individuals, organisations and markets.
Efficient and effective markets will have as their foundations participants that can trust and be trusted, accepted standards of behaviour and mechanisms which influence and are influenced by behaviour.
Some of the issues which are being explored in the Market Foundations thought leadership initiative include:
Dame Alison Carnwath gives a talk to WCCAEW on the qualities of non-executive director’s
Business is full of ethical dilemmas. But can regulation help accountants to deal with them?
A lack of integrity played a significant part in various scandals from Enron to the banking crisis, via MPs’ expenses to phone hacking. But there is no consensus over what it is and how to go about encouraging it.
As comedian Jimmy Carr released an apology for his “terrible error of judgement” over a tax avoidance scheme and David Cameron faced calls to pay back loans to the Conservative Party from companies registered in tax havens, it was timely that a group of business leaders, regulators, academics and policy-makers met to discuss a new report by ICAEW and the University of Leeds on ethics and integrity.
A package of measures is needed to instil in an organisation, including leaders who set a good example to their staff.
Practical solutions for organisations seeking to promote and encourage integrity. This research briefing summarises a major research project considering how organisations can encourage integrity. A hard copy of the Real integrity briefing is available from ICAEW shop.
Practical solutions for organisations seeking to promote and encourage integrity. This research report looks at the meaning of integrity and how it can be promoted in organisations. A hard copy of the Real integrity report (£20) is available from ICAEW shop.
Aims to encourage debate about the importance of integrity in the accountancy profession and business. It encourages stakeholders to consider what behaving with integrity in a professional and business context should mean. As stated in our response to this discussion paper, we are very supportive of this initiative. In April 2011 FEE issued a document summarising the feedback received. This provides interesting perspectives on what integrity means, and on its application, in Europe.
Practical guidance aimed at directors and management to assist them in instilling integrity in their organisations. It may also be helpful to audit firms discussing this topic with clients and individuals seeking to address issues in this area with their employers.
Brings ideas from a variety of disciplines to obtain a more comprehensive understanding of what is meant by integrity, both as a concept and in practice. Because this report sees reporting with integrity as a joint endeavour of individuals, organisations and professions, including the accounting profession, the concept of integrity is considered in all these contexts.
ICAEW has it owns proposals for achieving ethical behaviour in organisations.
In recent years there has been increased interest from individuals, organisations, regulators and governments in initiatives which reinforce integrity and enhance trust. At the same time, there has been increased recognition of the importance of integrity for reporting, the reputation of individuals and businesses and the economic development of countries.