Comparison of Professional Accounting Associations’ Inclusion of Ethics in the Practical Experience Requirement
Journal Title: Oblik i finansi - Year 2022, Vol 1, Issue 2
Abstract
This research is part of a much wider endeavour to determine the best practicesin ethics education and the value of ethics in professional accountants’ lives from the very formation, in their university years to when they are members of professional associations and employees. This particular article focuses on how ethics features in the practical experience requirement (PER) from the professional associations’ Initial Professional Development (IPD). Bodies were selected based on whether they are IFAC members, their size and population of their country of origin. ACCA (Association of Chartered Certirfied Accountants) was selected as a standard given its international coverage and CECCAR (Body of Expert and Licensed Accountants of Romania) was selected because of the authors’ origins or place of study. The exams’ sequence in the route to become a member of a profesional accountancy body was analysed as part of a different article in which a correlation was not found between the size of the association (in the hypothesis that larger associations have more resources to invest in their qualification) and availability of exam-prep materials for the wider public as well as how much ethics is featured in them. Given that for practical experience requirement there were less readily available public materials, the research questions became simpler for PER than in the case of exams hence we attempted an overarching comparison of whether ethics was clearly featured in the PER of chose bodies and also how it was examined or demonstred over the practical experience period. We found that the approach was very consistent across the selected associations with all of them strongly featuring ethics in their PER. Hopefully our efforts will give other researchers, educators of ethics and national bodies themsevles a strong starting point to adapt their curricula and approach on ethics.
Authors and Affiliations
Andreia Manea & Claudia Mihaela Rapan & Viorel-Costin Banta
Keywords
Related Articles
- EP ID EP708143
- DOI 10.33146/2307-9878-2022-2(96)-22-32
- Views 83
- Downloads 0
Types of Non-Financial Performance Measures Prevalent for Top 40 Companies Listed on the Johannesburg Securities Exchange
In the past decade, many companies have begun to make greater use of non-financial performance measures, which are believed to affect profitability ultimately. The attention to these non-financial metrics is in sync with...
Методологічні проблеми обліку інтелектуальних благ в умовах становлення новітньої парадигми рахівництва
Зростання значення інтелектуальної складової в економічному розвитку суспільства зумовлює потребу в забезпеченні управління релевантною інформацією, яку генерує заснована на природничих засадах новітня система обліку. Ст...
Causes and Consequences of the Formation and Development of the Institute of Professional Accountants
Assumptions about the absence of a future in the accounting profession in the era of digitalization determine the need to assess the fundamental guidelines for its further development. The institutional theory considers...
Проблеми та шляхи вдосконалення державного фінансово-кредитного стимулювання розвитку малих і середніх підприємств в Україні
Малі та середні підприємства є рушійною силою економічного зростання, але їх успішний розвиток неможливий без державної підтримки, зокрема шляхом фінансово-кредитного стимулювання. Метою статті є вивчення засад державног...
Забезпечення фінансової стійкості страхових компаній
Страхування є важливим та незамінним елементом фінансового забезпечення розвитку економіки. Однак, задля ефективного виконання своїх функцій, страхові компанії повинні приділяти належну увагу підтримці достатнього рівня...