Unit Code: CPA811

Unit Name: Ethics and Governance

Description: Ethics and governance is a core component of the knowledge and skill base of today's professional accountants. As key business decision makers, accountants must be proficient in regulatory regimes, compliance requirements, and governance mechanisms to ensure lawful and effective corporate behaviour and operations. A better understanding of ethics, corporate governance frameworks and mechanisms links with the various roles and responsibilities outlined in other subjects of the CPA programme. From an individual perspective, this subject provides you with the analytical and decision-making skills and knowledge to identify and resolve professional and ethical issues. The skills and knowledge obtained are also important for subjects that specialise in the functional disciplines of accounting such as Advanced Taxation, Financial Reporting, Strategic Management Accounting and Advanced Audit and Assurance.More than ever, today's professional accountants are less involved in traditional accounting functions and are more concerned with leadership and management. Today?s accountants are leaders in their field providing key support to senior management and are directly involved in many important decisions. An understanding of ethics and governance is essential to those in leadership roles, and to those who support their leaders. This subject not only develops an awareness of corporate governance but also helps members (and those whom they support) in discharging their stewardship functions.Ethics and Governance is a compulsory subject in the CPA programme for candidates commencing from semester 2, 2009. It is recommended that you enrol in Ethics and Governance as part of your first enrolment.

Learning Target Outcomes:

Prerequisite: N/A

Prerequisite Sentence: CPA Foundation Units

Credit Point: 20

Offered In: Semester 1