Join Your Exam WhatsApp group to get regular news, updates & study materials HOW TO JOIN
They are the best CS Professional faculties in India. They have produced many toppers & rank holders. Their video classes are available only here -
CHECK VIDEO CLASSES HERE

Details on the ACCA professional ethics module

ACCA professional ethics module

ACCA professional ethics module:Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA or FCCA). From June 2016, ACCA recorded that it has 188,000 members and 480,000 students in 178 countries. ACCA’s headquarters are in London with principal administrative office in Glasgow. ACCA works through a network of 100 offices and centres and more than 7,100 Approved Employers worldwide, who provide employee development.

The term ‘Chartered’ in ACCA qualification refers to the Royal Charter granted in 1974.

Chartered Certified Accountant is a legally protected term. Individuals who describe themselves as Chartered Certified Accountants must be members of ACCA and if they carry out public practice engagements, must comply with additional regulations such as holding a practising certificate, carrying liability insurance and submitting to inspections.

The Association of Authorised Public Accountants (AAPA), one of the British professional bodies for public accountants, has been a subsidiary of ACCA since 1996.

ACCA works in the public interest, assuring that its members are appropriately regulated. It promotes principles-based regulation. ACCA actively seeks to enhance the value of accounting in society through international research. It takes progressive stances on global issues to ensure accountancy as a profession continues to grow in reputation and influence.

ACCA professional ethics module

ACCA stands for the Association of Chartered Certified Accountants a leading international accountancy body. The ACCA qualification is recognised and is treated in other countries as being equivalent to their local qualification.

ACCA traces its origin to 1904, when eight people formed the London Association of Accountants to allow more open access to the profession than was available through the accounting bodies at the time, notably the Institute of Chartered Accountants in England and Wales and the Institute of Chartered Accountants of Scotland. As of 2006, the goal of ACCA is to become the world’s largest global professional body.

ACCA professional ethics module

FAQS ON THE PROFESSIONAL ETHICS MODULE

WHAT IS THE PROFESSIONAL ETHICS MODULE?

Students are required to complete the Professional Ethics module as part of their ethical development. The module gives students exposure to a range of ethical perspectives and includes several self-tests which require them to reflect on their own ethical behaviour.

WHY DO STUDENTS HAVE TO COMPLETE THE PROFESSIONAL ETHICS MODULE?

Professional values, ethics and governance are essential skills needed for accountancy as the profession moves towards strengthened codes of conduct, regulation and legislation.

The aim of the Professional Ethics module is to help students develop ethical knowledge, sensitivity and judgement which can then be applied in the exams and the workplace.

Professionalism and ethics are covered in parts of 11 of the 16 exam papers – including all papers at Professional level – and through the achievement of all the performance objectives. There is a strong emphasis on professionalism and ethics in Paper P1, Governance, Risk and Ethics.

All students are required to complete the Professional Ethics module before they apply for membership.

WHEN DO STUDENTS HAVE TO COMPLETE THE PROFESSIONAL ETHICS MODULE?

Students are given access to the Professional Ethics module when they have completed the first three exams of the ACCA Qualification (F1 – Accountant in Business, F2 – Management Accounting and F3 – Financial Accounting), although it is recommended that students take the module at the same time as, or before, attempting Paper P1 –Governance, Risk and Ethics.

Although students can take the module at their own convenience, it must be completed before they apply for ACCA membership.

HOW DO STUDENTS ACCESS THE PROFESSIONAL ETHICS MODULE?

Once students are eligible to take the Professional Ethics module, they will be given access to it via a link on myACCA. Students have the option to complete the module online or by a mobile version for an MP3 or MP4 player, a Blackberry or an internet-enabled mobile phone. More information is available from myACCA.

If students do not have internet access, they can contact
ACCA Connect to make alternative arrangements.

HOW LONG WILL IT TAKE TO COMPLETE THE PROFESSIONAL ETHICS MODULE?

Students can work through the material at their own speed and take as much or as little time as they need.  The average user takes about three and a half hours to complete the module. The speed of their internet access and their familiarity with the English language may affect how long it takes them.

Since this is a reflective module consisting of nine units, we encourage students to work through one or two units at a time, think about the material, then go back and work through a few more units.

Students can re-access the module at any time. We encourage students to return to the module throughout their training in order to maintain their awareness of professional ethics. It may be particularly useful to do so during preparation for the professional level papers and while gaining their practical experience in the workplace.

IS THERE A PASS MARK FOR THE PROFESSIONAL ETHICS MODULE?

There is no exam for the Professional Ethics module; therefore students cannot fail it. There are a series of self-tests for students to complete, designed to encourage them to reflect on what they have learnt. Students will then record what they have learnt in a learning statement.

ACCA professional ethics module

For more information on ACCA please follow this Visit cakart.in

For other exam related information visit www.cakart.in

Leave a comment

Your email address will not be published. Required fields are marked *