Are you an accounting professional committed to integrity, yet sometimes wonder why ethical dilemmas feel so complex?
Traditional ethics training teaches you what to do, but often falls short of explaining why even well-meaning individuals can make unconscious missteps. This webinar explores the fascinating psychology behind ethical choices, equipping you with essential insights to strengthen your professional judgement.
In todayโs fast-paced financial landscape, understanding the subtle cognitive biases and situational pressures that influence decision-making is not just an advantage, itโs a necessity. This is not just another ethics session; itโs a transformative learning experience designed to provide you with practical strategies to recognise, manage, and prevent ethical pitfalls in your everyday practice.
๐๐ฒ๐ฎ๐ฟ๐ป๐ถ๐ป๐ด ๐ข๐ฏ๐ท๐ฒ๐ฐ๐๐ถ๐๐ฒ๐
By the end of this webinar, participants will be able to:
โข Define behavioural ethics and distinguish it from traditional ethics.
โข Identify common cognitive biases affecting ethical decision-making in accounting.
โข Analyse ethical challenges using real-world case studies.
โข Apply the IFAC Code of Ethics from a behavioural perspective.
โข Recognise and mitigate psychological influences on ethical decisions.
โข Use practical tools and strategies to promote ethical behaviour within organisations.
๐ช๐ฒ๐ฏ๐ถ๐ป๐ฎ๐ฟ ๐๐ด๐ฒ๐ป๐ฑ๐ฎ:
๐๐ป๐๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ถ๐ผ๐ป ๐๐ผ ๐๐ฒ๐ต๐ฎ๐๐ถ๐ผ๐๐ฟ๐ฎ๐น ๐๐๐ต๐ถ๐ฐ๐ ๐ถ๐ป ๐๐ฐ๐ฐ๐ผ๐๐ป๐๐ถ๐ป๐ด
โข What is behavioural ethics?
โข How it differs from rules-based ethics.
โข Why behavioural ethics is crucial in accounting.
โข The role of psychology in ethical failures.
๐๐ผ๐บ๐บ๐ผ๐ป ๐๐ผ๐ด๐ป๐ถ๐๐ถ๐๐ฒ ๐๐ถ๐ฎ๐๐ฒ๐ ๐๐ณ๐ณ๐ฒ๐ฐ๐๐ถ๐ป๐ด ๐๐ฐ๐ฐ๐ผ๐๐ป๐๐ฎ๐ป๐๐
โข Key biases: anchoring, confirmation bias, overconfidence, framing, ethical fading.
โข Real-world examples from financial reporting and audit judgements.
โข The concept of bounded ethicality, ethical lapses without unethical intent.
๐๐ฒ๐ต๐ฎ๐๐ถ๐ผ๐๐ฟ๐ฎ๐น ๐๐๐ต๐ถ๐ฐ๐ ๐๐ต๐ฎ๐น๐น๐ฒ๐ป๐ด๐ฒ๐ ๐ถ๐ป ๐๐ฐ๐ฐ๐ผ๐๐ป๐๐ถ๐ป๐ด
โข Typical ethical dilemmas accountants face:
- Client vs. public interest.
- Confidentiality vs. whistleblowing.
- Pressure to alter numbers.
โข Introduction to two case studies.
๐๐ฎ๐๐ฒ ๐ฆ๐๐๐ฑ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐ โ ๐ฃ๐ฎ๐ฟ๐ ๐ญ: ๐ฆ๐ ๐ ๐๐ฎ๐๐ฒ
๐ง๐ต๐ฒ ๐ฆ๐ถ๐น๐ฒ๐ป๐ ๐ฅ๐ผ๐๐ป๐ฑ๐ถ๐ป๐ด
โข A small firm is asked by a loyal client to โsmooth results.โ A junior accountant faces a moral crossroads.
โข Key Themes: Loyalty bias, conformity, fear of whistleblowing, culture in small teams.
๐๐ฎ๐๐ฒ ๐ฆ๐๐๐ฑ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐ โ ๐ฃ๐ฎ๐ฟ๐ ๐ฎ: ๐ฃ๐๐ฏ๐น๐ถ๐ฐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ ๐๐ฎ๐๐ฒ
๐ง๐ต๐ฒ ๐ ๐ถ๐๐๐ถ๐ป๐ด ๐๐ถ๐๐ฐ๐น๐ผ๐๐๐ฟ๐ฒ
โข A CFO delays disclosure of a material liability to protect share price and bonus targets.
โข Key Themes: Framing effect, ethical fading, pressure from performance metrics.
๐ฃ๐ฟ๐ฎ๐ฐ๐๐ถ๐ฐ๐ฎ๐น ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฒ๐ ๐๐ผ ๐๐ผ๐๐๐ฒ๐ฟ ๐๐๐ต๐ถ๐ฐ๐ฎ๐น ๐๐ฒ๐ต๐ฎ๐๐ถ๐ผ๐๐ฟ
โข Using behavioural nudges: default choices, reminders, and framing.
โข Encouraging ethical reflection and self-awareness through training.
โข Role of organisational culture, leadership, and ethical codes.
๐๐ฝ๐ฝ๐น๐๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐๐๐ ๐๐ผ๐ฑ๐ฒ ๐ผ๐ณ ๐๐๐ต๐ถ๐ฐ๐ ๐ง๐ต๐ฟ๐ผ๐๐ด๐ต ๐ฎ ๐๐ฒ๐ต๐ฎ๐๐ถ๐ผ๐๐ฟ๐ฎ๐น ๐๐ฒ๐ป๐
โข Quick guide to the five fundamental principles:
- Integrity
- Objectivity
- Professional competence and due care
- Confidentiality
- Professional behaviour
โข How behavioural science helps professionals uphold these values.
๐๐ป๐๐ฒ๐ฟ๐ฎ๐ฐ๐๐ถ๐๐ฒ ๐ฆ๐ฐ๐ฒ๐ป๐ฎ๐ฟ๐ถ๐ผ-๐๐ฎ๐๐ฒ๐ฑ ๐๐ฐ๐๐ถ๐๐ถ๐๐
โข One realistic dilemma scenario is presented.
โข Live polling or breakout groups explore:
- What biases are at play?
- How would participants respond?
- Whatโs the best ethical course?
โข Group reflection and summary.
๐ค&๐ ๐ฎ๐ป๐ฑ ๐ช๐ฟ๐ฎ๐ฝ-๐๐ฝ
โข Live participant questions.
๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐ ๐ผ๐ณ ๐ธ๐ฒ๐ ๐๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐:
- Ethics is about habits, not just rules.
- Behavioural awareness leads to better decision-making.
- Continuous ethical development is essential.
๐ช๐ต๐ ๐ฌ๐ผ๐ ๐ฆ๐ต๐ผ๐๐น๐ฑ ๐๐๐๐ฒ๐ป๐ฑ ๐ง๐ต๐ถ๐ ๐ช๐ฒ๐ฏ๐ถ๐ป๐ฎ๐ฟ
Ethical dilemmas are increasingly complex, demanding more than just rule-following. This webinar delves into behavioural ethics, revealing how psychological biases unconsciously sway your decisions. Through real-world case studies and actionable strategies, you'll learn to identify and mitigate these "blind spots," making sounder, more objective choices. Elevate your professional integrity and contribute to a stronger ethical culture, all while earning valuable CPD credits.
Participants who attend the full webinar will receive a ๐๐ฒ๐ฟ๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ฒ ๐ผ๐ณ ๐๐๐๐ฒ๐ป๐ฑ๐ฎ๐ป๐ฐ๐ฒ and earn ๐ญ ๐๐ฃ๐ ๐๐ป๐ถ๐.
๐ฆ๐ฝ๐ฒ๐ฎ๐ธ๐ฒ๐ฟ | Marios Mortis | Trainer & Accountancy Programmes Leader
๐ข๐ฟ๐ด๐ฎ๐ป๐ถ๐๐ฒ๐ฑ ๐ฏ๐ ๐๐ต๐ฒ ๐๐ฐ๐ฐ๐ผ๐๐ป๐๐ถ๐ป๐ด๐ช๐ถ๐๐ฒ ๐๐ฒ๐ป๐๐ฟ๐ฒ | Promoting professional integrity, critical thinking, and excellence in accounting and finance education.
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