Ethical considerations for the members of the Board of directors
What is the difference between the types of e-learning activities?
- A webinar is a live training activity which you must attend at the date and time indicated. You may access the training platform in your online file 7 days before the date of the webinar. We strongly recommend that you log in to the platform before the date of the webinar and follow the instructions in step 3 of your training path beforehand in order to test your computers’ configuration and prevent any connexion problems during your training activity.
- Web conferences, web interviews, interactive training activities, webcasts and online training activities are recorded training activities. They can be accessed at all times after their availability date.
This session allows you to declare 7 hours in the field of professional ethics. These hours will automatically be added to your file.
The training activity will allow CPA executives or administrators to understand ethical issues and to apply a process of risk management and ethical problem-solving, integrating the organizational and human factors that form the organizational culture of the company.
ContextAs media headlines and news reports regularly highlight company scandals and governance failures, ethics must be at the heart of every business decision. Board members must show the example and ensure the integrity of the CEO and executive members. But how can the board members evaluate if the organization has a hardy culture of integrity in order to promote transparency and ethical decision-making, as well as protect themselves against the risk of fraud, corruption or other risks and damages to the organization’s reputation? Does the board understand where the organization’s strategy can create ethical risks? Is there a robust and efficient process of risk management that can prevent, detect and mitigate the risks and manage situations where there are ethical lapses?
By the end of this training activity, the participant will be able to:
- recognize human and organizational factors influencing decisions as well as ethical and non-ethical behaviours;
- understand his/her role in relation to steps in the development and creation of a governance structure, a compliance process and policies enabling and fostering an ethical organizational culture;
- understand his/her role in relation to the risk management process facilitating the prevention, detection and resolution of ethical problems in one’s organization by adopting a reflective approach comprising human and organizational aspects;
- understand his/her role in relation to the required leadership inside an organization to ensure the good development, follow-up and continuous improvement of the risk management processes and ethical problems solving.
- Human aspects of ethical dilemmas in an organizational context
- Ethics versus compliance
- Costs and consequences of ethical problems
- Ethical intelligence for the board of directors
- Importance of ethical culture and governance to minimize risks
- Developing a compliance program for ethical risk management
- Policies, processes and required systems
CPAs in business, CPAs in the public sector and CPAs in public practice