The Relevance of Ethics in Business


CPD Units: 2


Content

This is an in-depth CPD course designed to equip finance and business professionals with the tools and insights necessary to uphold and advocate ethical standards in complex and challenging environments.

The course goes beyond basic ethics to explore real-world dilemmas, decision-making models, and regulatory frameworks, including the ACCA Code of Ethics and Conduct.

Using high-profile case studies such as the DRC cobalt mines, Nestlé’s marketing scandal, and Nick Leeson’s rogue trading, participants gain a practical and reflective understanding of ethical conduct in action.

This course is essential for professionals looking to reinforce ethical resilience, foster stakeholder trust, and ensure accountability in their organisations.


Learning Outcomes

  • Understand the Foundations and Theories of Business Ethics - Explore key ethical concepts, distinctions between morals and ethics, and major ethical theories such as utilitarianism, moral relativism, moral absolutism, rights, equality, common good, and virtue to build a strong theoretical base for ethical decision-making in business.
  • Apply Ethical Decision-Making Frameworks to Real-World Scenarios - Learn and apply structured models such as Hodgson’s 3-Step Model and the PLUS Model to analyse and resolve ethical dilemmas in professional and corporate contexts.
  • Evaluate the Role of Professional Codes of Conduct in Promoting Ethical Practice - Examine how codes of ethics and conduct, such as those from ACCA, guide accountants and professionals in maintaining integrity, objectivity, and public trust, and understand how these frameworks address ethical threats and safeguards.
  • Enhance Ethical Awareness and Accountability in Professional Decision-Making - Develop the ability to recognise conflicts of interest, uphold transparency, and respond ethically under pressure by aligning personal judgement with professional standards and societal expectations.

 

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