Information on the syllabus content and structure for unit 1 of the Ethics and Professional Skills Module.
This unit of the module introduces you to the broad ethical and professional values which underpin professional skills and behaviours. Ethical and professional values provide a framework and a moral compass for an accountant and help guide their professional behaviours.
Section 1: Unit overview
a) Introduction
Section 2: Ethics guide
a) Perspectives on ethics
b) Branches of ethics
c) Justice vs care
d) Ethics and morality
e) Ethics and religion
f) Ethics and maturity
g) Ethics and the professions
h) Summary
i) Ethics guide quiz
Section 3: Rules vs principles
a) Rules vs principles
b) Some differences between rules and principles
c) Summary
d) Rules vs principles quiz
Section 4: Fundamental principles
a) About ACCA’s fundamental principles
b) IFAC’s five fundamental principles
c) Summary
d) Fundamental principles quiz
Section 5: The framework
a) The framework
b) The 4 step process
c) An ethical dilemma
d) Further considerations
e) Summary
f) Framework flowchart
g) The framework quiz
Section 6: Case study
a) Introduction
b) Meet the team
c) Iain’s story
d) Gail’s story
Section 7: End of unit activity
Section 8: Unit summary
The learner is faced with a situation where they are expected to identify ethical dilemmas and take ethical decisions.