1. What is professional ethics?

2. Your role

3. Preparing financial information Reporting financial information Reporting non- financial information Preparing non-financial information Provide advise Provide financial management Responsible legitimate aims Encourage ethics based culture

4. Code of ethics for Professional Accountant

5. What are the fundamental principles regard code of ethics?

6. What kind of threat could you expect?

7. Significant or not?

8. How to safeguard?

9. 1) Professional, legislation or regulation 2) Work Environment 3) Individual

10. Engagement acceptance or decline the engagement? The applied safeguards Able to reduce to an acceptable level? Unable to reduce to an acceptable level?

11. Accountant in public practice -Self interest threat -Self review threat -Advocacy threat -Familiarity threat -Intimidation threat -Conflict threat

12. Professional Accountant in business -Self interest threat -Self review threat -Advocacy threat -Familiarity threat -Intimidation threat

13. Accountant in public practice -Independence –examples -Confidentially-duty of confidence but exceptions -Conflict of interest -Client acceptance -Changes on professional appointment

14. Professional Accountant in business -Potential conflicts -Preparation of information -Sufficient expertise -Financial interest -Inducement

15. INDUSTRY SAY Enjoy the selected video !! Making Room for Ethics in Accounting https://www.youtube.com/watch?v=0tDNepWjKSw Part 2 - Accounting For Ethics https://www.youtube.com/watch?v=VdYtbIwzhMQ

16. Professional Accountant in Business Situation : professional accountant employed in executive or non-executive role such as -Partner -Director -Owner -employee

17. Accountant in public practice Professional accountant in a firm that provides professional services