DROI0931-1 : Deontology and independence

Study Programmes 2015-2016

DROI0931-1

Deontology and independence

Duration :

20h Th

Number of credits :

Specialised master in financial risk management		3

Lecturer :

Henri Olivier

Language(s) of instruction :

French language

Organisation and examination :

Teaching in the second semester

Units courses prerequisite and corequisite :

Prerequisite or corequisite units are presented within each program

Course contents :

* The course is divided in five chapters:

General principles of ethics for professional accountants; oversight and discipline bodies
Principle of independence and standards applicable to auditors
Confidentiality and professionnal secrecy (including legal rules on the fight against money laundering)
Specific rules on ethics ( contacts with clients, with colleagues, liabililty, etc.)
Quality assurance regimes

* Legal rules and standards discussed are:

The IESBA Code of Ethics
Royal Decrees on ethics for IRE and IEC
Rules in the Company Code applicable to the statutory auditor

Learning outcomes of the course :

The aim of the course is to allow students to solve ethical conflicts that professional accountants and auditors are facing

Prerequisite knowledge and skills :

Planned learning activities and teaching methods :

During the year, students are asked to write two papers conisisting in a critical analysis of a scientifical paper on an ethical issue. These papers are mandatory; The notes are included in the final grading.

Mode of delivery (face-to-face ; distance-learning) :

Face-to-face