Friday, 10 May 2013

ACCA Professional Ethics Module (2017 Update)

Ethics is a crucial thing for a financial professional. Its importance is not less than the knowledge and skills ones. That's why ACCA requires the completion of online Ethics module for ACCA members and students who completed the fundamental level and wish to have an Advanced Diploma in Accounting and Business.

You go to the module via your page MyACCA. You choose Ethics & Professionalism and then go to Professional Ethics Module.

If you work on PC, then you click To begin working online, click here. The mobile version is also available.

After clicking you work throughout nine units. This screenshot of my page.




PROFESSIONAL ETHICS MODULE LIST
The module consists of nine units which must be completed in numerical order. Each unit of the module contains a self-test so that you can see what you have learned and in the final unit you will be required to submit a short statement explaining what you have learned.
1. Start here
completed, TIME SPENT - 00:08:39
2. Thinking about ethical decisions
completed, TIME SPENT - 00:22:15
3. What is ethics?
completed, TIME SPENT - 01:11:13
4. Rules vs principles
completed, TIME SPENT - 00:14:55
5. About ACCA's fundamental principles
completed, TIME SPENT - 00:23:04
6. The framework
completed, TIME SPENT - 00:54:43
7. Case study
Overview
completed, TIME SPENT - 00:06:01
Meet the audit team
completed, TIME SPENT - 00:41:21
Iain's story
completed, TIME SPENT - 00:23:48
Iain's decision
completed, TIME SPENT - 00:08:25
Iain's more information
completed, TIME SPENT - 00:06:33
Gail's story - With the CFO
completed, TIME SPENT - 00:10:59
Gail's story - On the train
completed, TIME SPENT - 00:04:28
Gail's story - Timothy's phonecall
completed, TIME SPENT - 00:17:34
Gail's story - Sign here
completed, TIME SPENT - 00:02:24
Gail's decision
completed, TIME SPENT - 00:04:39
Gail's more information
completed, TIME SPENT - 00:05:18
8. Applying what you have learned
completed, TIME SPENT - 00:23:07
9. Tell us what you have learned
awaiting audit, TIME SPENT - 00:00:28


Units # 1-6 contain the theory and tests to check the knowledge you learned.
Unit # 7 proposes us to consider the situation which happened at the final stage of an audit in the pharmaceutical company. It is about a compromise which was concluded between the CEO of a client and Partner of an audit firm. Will the audit manager support this compromise who conducts the audit and signs of the work papers? There is also the situation when an accountant gives the direction to change the financial information from CFO. Will he discuss with his boss or just perform her instructions?
Unit # 8 tests the knowledge which you learned from all units
Unit # 9 requires writing an essay about what you learned from ACCA Professional Ethics module. The essay is up to 250 words. You should also pay attention to the warning about plagiarism. So do not use Google)
I wrote about the importance of ethical principles, especially for accountants who work for listed companies, and discussed principles based ACCA approach of resolving ethical dilemmas.

My essay was reviewed in 5 business days. I have completed my Ethics!!!!

P.S. On 1st of November 2017 the ACCA introduced the new Ethics and Professional Skills module. It contains six interactive units and takes 20 hours. The new ethics module costs 60 GBP. You need to complete it before starting the Strategic Professional exams.



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