Ethics for PIEs and Listed Entities

This course will cover the ethical rules governing PIEs and listed entities.

Even for non-PIE and non-listed entities, the problem with ethics is that the basic concept is simple, but the rules applying to accountants in practice are often complex. There is the additional issue of the practical application of the rules. Why do we see examples of otherwise respected firms or individuals having breached ethical requirements, even though this wasn’t their intention? 

This course will look at both the technical requirements and the practical implementation, including the risks of accidental breach of the requirements, with a focus on those requirements specific to PIEs and listed entities.

In particular, the following areas will be considered: 

• Sources of guidance: 
• The IESBA Code of ethics for the professional accountant 
• The professional bodies’ codes of ethics (based on the IESBA code) 
• The FRC Ethical Standard