Ethics on trial: bribery, corruption and impact on SME’s
The World Bank estimates that $1 trillion is paid in bribes every year, representing 3% of the world’s gross domestic product. Research consistently shows that accountants are the first choice advisers of SMEs and that small firms would welcome guidance from accountants in relation to the adoption of policies and practices for dealing with possible cases of bribery and corruption. Considering that over 99% of businesses in the UK are SMEs, it is imperative that we have a better insight as to how this important issue affects them and, more importantly, what steps need to be taken in order to deal with it effectively.
Join ACCA in the dramatic setting of an historical courtroom, for this interactive mock disciplinary trial, which will highlight the latest ACCA research, explore the topics of bribery and corruption and show how activities related to the above may lead to disciplinary action in the context of accountants working within the UK’s SME sector.
- To provide an overview of the issues of bribery and corruption affecting the UK and how this impacts the accountancy profession.
- To provide a practical understanding of the consequences of regulatory and ethical failures through a Mock Disciplinary hearing workshop.
- An understanding of the key issues related to bribery and corruption and how this applies to the accountancy profession.
- An overview of how to spot activities which could be connected to bribery and corruption and how these are reflected in the ACCA Regulations and Code of Ethics and Conduct.