Ethics

Ethical intelligence is the personal code that dictates how we work and the ability to make ethical decisions when faced with moral challenges.

What is ethical intelligence and how does it benefit workplaces?

It makes good business sense to prevent unethical behaviour. What is ethical intelligence and why should businesses actively nurture it?

Unconscionable conduct cases typically revolve around some form of exploitation of disadvantaged customers.

Understanding unconscionable conduct

When is the conduct of a business toward one or more of its clients deemed to be unconscionable? This is a question that has needed to be addressed repeatedly over time as cases involving alleged misconduct by businesses have been brought before courts across Australia.

The Monitoring Group says it wants all levels of the governance and oversight framework to be subject to transparent accountability processes, including regular effectiveness reviews and enhanced reporting in the public domain.

Assessing the reset on international standard-setting

After five years of consultation with regulators, standard-setting groups and other key stakeholders worldwide, the Monitoring Group of international financial regulators has released its way forward for revising the governance structure for setting standards in audit and ethics.

Recently, ethics has come into greater focus, particularly with respect to auditor independence and professional integrity.

Changing winds of accounting ethics

Ethics and public interest have long been the basis of an accountant's work, and ongoing regulation changes globally call for increased accountability, transparency and independence.

For an investor, however, gaining status as a sophisticated investor or wholesale client carries new risks as well as benefits.

Sophisticated investors: special treatment trap for accountants and investors

Australia's special treatment of sophisticated investors can create traps for both investors and their accountants.

For accountants, business and the wider community to realise artificial intelligence's significant potential benefits, it is vital to be able to have trust in AI applications.

Checks and balances in AI ethics

Ethics of AI: While artificial intelligence promises significant benefits, there are concerns it could make unethical decisions.

The Code provides accountants with a framework and guidance on how to behave ethically.

Cracking the code of ethics for professional accountants

The operative date of the restructured Code of Ethics for Professional Accountants (The Code) is fast approaching. The changes are mandatory from 1 January 2020, although early adoption of the code is permitted.

Recent controversy over pursuit of whistleblowers in the public sector, has put the spotlight back on public sector reform.

Australia has new whistleblowing laws. Now for the governance.

Effective whistleblowing policies require much more than good intentions.

Foreign bribery is inherently difficult to detect and enforce. The OECD says it takes on average 7.3 years to bring a foreign bribery matter to conclusion.

Anti-corruption update: what it means for accounting

An overhaul of Australia’s foreign bribery and anti-corruption laws is underway. CPA Australia provides an overview of what it means for accounting.

With AI increasingly ubiquitous and part of modern existence, concern about its biases has inspired a push towards a governance framework that is ethical, unbiased and transparent. Illustrations: Adam Nickel

The good, bad and ugly of AI ethics

Artificial intelligence (AI) is being adopted so fast that its technical capabilities have outpaced construction of an ethical governance framework. That's changing as the implications of the AI revolution become clear.

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Ethical Business Lessons eBook

While most of us want to do the right thing, sometimes we fail to adequately consider all aspects of a situation or are influenced by human limitations in perception and thinking. This collection can help.

Featured essays:

  • Make sure your voice is heard at work before you leave
  • Does reciprocity stop workers from doing the right thing?
  • There are no words to excuse a bad work ethic
  • Keep your accounting hat on
  • Why ethics and law are not the same thing
  • Should intuition be trusted on the job?
  • Move over "buyer beware" – it's the seller's turn
  • Are your ethics taking a wrong turn?
  • Bullies and bystanders
  • Counting the consequences
Download the eBook.