RegulationAccounting StandardsICAS to up the ante on ethics

ICAS to up the ante on ethics

More ethics courses to build trust

Accountants and business leaders in Scotland are to receive more ethics
teaching from the Institute of Chartered
Accountants in Scotland
in an effort to improve public trust in financial
reporting.

The institute also plans to introduce more ethics courses to its ‘CA’
qualification, The Scotsman reported.

The move comes in the wake of the
Northern
Rock
debacle which has lowered confidence in financial services.

Anton Collela, chief executive of ICAS, said he hoped the focus on ethics
would help to avoid future scenes such as where thousands of savers flocked to
branches of Northern Rock to withdraw their money.

The ethics training is one part of a revised strategy to be launched by the
institute this week, which will also see the introduction of more services for
ICAS members south of the Border.

Further reading:

FEE and ICAS call for pan-European oversight system

Ex-Smiths FD to become ICAS chief

Related Articles

Demystifying GDPR for accountants

Accounting Standards Demystifying GDPR for accountants

2w Ellen Temperton, Lewis Silkin
EY fined £1.8m over Tech Data audit

Accounting Standards EY fined £1.8m over Tech Data audit

2m Emma Smith, Managing Editor
The great professional services shake-up

Accounting Standards The great professional services shake-up

3m Fergus Payne, Lewis Silkin
What do clients actually want from an accountant?

Accounting Standards What do clients actually want from an accountant?

4m Emma Smith, Managing Editor
Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

Accounting Standards Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

5m Alison Conley
Membership of the accountancy profession on the rise

Accounting Standards Membership of the accountancy profession on the rise

5m Alia Shoaib, Reporter
The real price of mates' rates in the provision of professional services

Accounting Standards The real price of mates' rates in the provision of professional services

5m DAC Beachcroft
IASB overhauls insurance accounting with issuance of IFRS 17

Accounting Standards IASB overhauls insurance accounting with issuance of IFRS 17

7m Alia Shoaib, Reporter