(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Audit and Assurance

Ensuring the independence and effectiveness of internal audit

What actions in an internal audit can accountants take to demonstrate independence if their responsibility as the third line of defence becomes blurred with the first or second line? The Chartered Institute of Internal Auditors (CIIA) highlighted this issue in a position paper titled The Three Lines of Defence. As a refresher, this paper also neatly summarises the… Read More Ensuring the independence and effectiveness of internal audit

(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Ethics

ICAS publishes paper on organisational culture and values

By Ann Buttery, Head of Ethics, ICAS Policy Leadership As part of ICAS’ ‘The Power of One’ business ethics initiative, the ICAS Ethics Board has published the next in the series of papers on ethical leadership – Organisational culture and values. This ICAS paper recognises that corporate culture is an organisation’s guiding force; that successful… Read More ICAS publishes paper on organisational culture and values

(c) Chartered Professional Accountants of Canada. Contact CPA Canada for permission to reproduce this article., Business Management, Practice Management

Ethics as innovation

By Karen Wensley A culture that encourages individuals to look at issues from different angles is likely to attract great people and win awards for creative solutions. I was recently sitting in a boardroom waiting for a meeting to start. I had never met the person opposite, so we introduced ourselves and asked each other… Read More Ethics as innovation

(c) Chartered Professional Accountants of Canada. Contact CPA Canada for permission to reproduce this article., Ethics

The new intolerance in the age of Trump

By Trevor Wilson Would Donald Trump’s infamous “locker-room banter” count as unacceptable workplace behaviour? As I was standing at an intersection recently, I glanced over at the pole on the corner and was greeted by a poster entitled “Dear White People.” It was an invitation to join the alt-right movement for those “sick of being… Read More The new intolerance in the age of Trump

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Careers

Interview with Stavros Thomadakis, Chair of the International Ethics Standards Board for Accountants

Stavros Thomadakis, Chair of the International Ethics Standards Board for Accountants (IESBA), tells George W. Russell about his priorities, the challenge of technology, and the lessons to be learned from the crisis in his Greek homeland. Stavros Thomadakis doesn’t have to look far to see how relevant ethics are to national economies. The veteran Greek… Read More Interview with Stavros Thomadakis, Chair of the International Ethics Standards Board for Accountants