Perhaps the most controversial and challenging topic facing the Board is determining the best way to provide guidance on whether professional accountants
should overturn their ethical responsibility to confidentiality when faced with circumstances that can be considered noncompliance with laws and regulations.
The quality of services: Being sure of the fact that the services of professional accountants
is done with the highest quality.
If you want to impress your clients, your colleagues, the state legislators and others with the fact that you are a professional accountant
, then the place to start is to project your image as a practitioner of a profession.
CIMA, by submitting the action plans, undertakes a self-assessment of organisational activity within the framework of the seven SMOs covering quality assurance, International Education Standards for Professional Accountants
(IES), auditing and assurance, ethics, public-sector accounting, complaints and discipline and International Financial Reporting Standards (IFRS).
The Registered Professional Accountants
Association of Canada (RPA) is an organization committed to promoting professional accounting for a diverse group of professional accountants
The proposed new good practice guidance, Defining and Developing an Effective Code of Conduct, highlights the varied roles of professional accountants
in business in driving and supporting organizational ethics and conducting ethics programs.
In the United States, for example, the Dodd-Frank Wall Street Reform and Consumer Protection Act enacted in July 2010 contained provisions to encourage whistleblowing and protect whistleblowers when reporting suspected violations of securities laws, yet these provisions encourage behavior from professional accountants
that may conflict with their ethical responsibilities regarding confidentiality.
A Financial Management article on enterprise governance has been chosen by the member bodies of the International Federation of Accountants (IFAC) as the best published in 2009 for professional accountants
To help them better understand how they can advance, measure and report on sustainable development, the Professional Accountants
in Business (PAIB) Committee of the International Federation of Accountants (IFAC) has published two new information papers on the topic.
The foundation solicits the support of all professional accountants
to help fund this program.
The proposed standard, Continuing Professional Development: A Program of Lifelong Learning and Continuing Development of Professional Competence, prescribes mandatory continuing professional development for all professional accountants
, including those working for accounting firms, corporations, small or medium enterprises, public sector organizations or in other environments.
OPI is built and managed by experienced professional accountants
, most of whom are former Big Four accounting firm partners and managers.