TCPA701 Ethics and Governance

This unit provides extended formal academic support to students concurrently enrolled in the Ethics and Governance unit of the CPA program.
This unit 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, ethical and effective corporate behaviour and operations. A better understanding of ethics and corporate governance frameworks and mechanisms enables candidate to perform roles and responsibilities as an accountant. From an individual perspective, this subject provides candidates with the analytical and decision-making skills and knowledge to identify and resolve professional and ethical issues.
The aims of the subject are to promote awareness of the ethical responsibilities of professional accountants, thereby enabling them to identify and resolve ethical issues or conflicts throughout their career. Students are expected to understand the importance of governance, including their role in achieving effective governance. By completing the unit students are able to improve understanding of the role of accounting, and of accountants, in providing information about the social and environmental performance of an organisation.