• Understand the importance of ethics for building trust in your profession.
• Identify the fundamental principles that underpin the Code of Ethics and explain how they can be implemented.
• Understand how the fundamental principles can help build a picture of the ‘ethical accountant’.
• Apply that understanding to reflect on your behaviour and professional development.

Verifiable CPD hours: 1

• Explain why we are limited in our ability to make ethical decisions.
• Know where to find relevant guidance in the Code of Ethics and apply that guidance to access further sources of support that are available to help you make and implement ethical decisions.
• Use the Framework for Resolving Ethical Problems to make a good decision.
• Choose to focus on either practice or industry for part of the module.

Verifiable CPD hours: 2

• Understand the vital role that accountants play in combatting economic crime.
• Understand the rules and principles of the FRC’s Ethical Standard.
• Recognise potential independence threats and what safeguards may be available to reduce or eliminate them.
• Identify threats to the fundamental principles that might arise when involved in tax-related work.
• Divided into three units which can be completed separately.

Verifiable CPD hours: 1 (per unit)

• Experience ICAEW training films to reinforce and apply your understanding of the Code of Ethics, especially the fundamental principles and the conceptual framework.
• Practical application of the FRC Ethical Standard.
• Reflect on how intimidation can undermine audit quality.
• Divided into four units which can be completed separately

Verifiable CPD hours: 1.5 (per unit)