Microlearning Course: Ethics in Tax Practice


Duration: 4 Hours

Price: R351.00

Video Type: Series

Ethics-and-Standards
...

Microlearning Course: Ethics in Tax Practice

Duration: 4 hours

Price: R351.00


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Title / Topic

Microlearning Course: Ethics in Tax Practice


Overview

In 2024, a two-part microlearning course featuring Judge Dennis Davis and Caryn Maitland explored the profound ethical responsibilities of tax practitioners and accountants. The series delved into the critical role these professionals play as moral agents in society, shaping the integrity of our communities and contributing to nation-building through ethical tax practice.

These videos addressed the complex balance between legal compliance and ethical imperatives, providing participants with tools to navigate ethical dilemmas in their work. From promoting fiscal citizenship to preventing fraud and money laundering, the series highlighted the far-reaching responsibilities of tax professionals. Practical guidance on ethical leadership, reflective practice, and accountability was provided to ensure that professionals upheld the highest standards in their practice and contributed meaningfully to a prosperous South Africa.


Video Content

Part 1 - Ethical Tax Practice: The Role of Tax Professionals as Moral Agents in Society
  • What it means for tax professionals to be moral agents in society.
  • The role of tax professionals in advancing fiscal citizenship and nation-building for the common good of South Africa.
  • Ethical considerations in tax practice: following the letter vs. the spirit of the law.
  • Professional judgment in tax planning: navigating ethical challenges.
  • The responsibility to role model ethical behavior for staff, taxpayers, and the broader community.
  • Reflecting on and documenting ethical dilemmas experienced in tax practice.
Part 2 - Navigating Ethical Challenges: Integrity and Leadership in Tax Practice
  • Understanding value systems in personal, business, and professional ethics.
  • Challenges faced by tax practitioners, including conflicts of interest and ethical fading.
  • Developing reflective ethical practices and broadening awareness of ethical situations.
  • Applying key ethical principles, such as integrity, objectivity, due care, and confidentiality.

Competencies Developed

  • Strengthened Ethical Awareness: Gained a deeper understanding of the ethical dimensions in tax practice, enabling them to recognize their role as moral agents in society.
  • Enhanced Professional Judgment: Developed the ability to navigate complex ethical dilemmas, balancing legal compliance with ethical imperatives in tax planning and decision-making.
  • Improved Reflective Practice: Learned how to critically reflect on ethical challenges and document ethical dilemmas in a structured manner, ensuring accountability and transparency in their practice.
  • Promoted Ethical Leadership: Acquired the tools and knowledge to role model ethical behavior, fostering integrity and responsibility within their teams and the broader community.
  • Compliance and Reporting: Gained insight into reporting obligations such as NOCLAR (Non-Compliance with Laws and Regulations) and the critical role of tax practitioners in preventing money laundering, fraud, and corruption.
  • Applied Ethical Frameworks: Mastered the application of key ethical principles, including integrity, objectivity, due care, confidentiality, and professional behavior, in day-to-day tax practice.

What's Included:

Ethical Tax Practice: The Role of Tax Professionals as Moral Agents in Society

Overview This video, featuring Judge Dennis Davies and facilitated by Caryn Maitland, delves into the ethical responsibilities of tax practitioners. It highlights the moral and legal obligations practitioners hold, both towards their clients and i n their own tax affairs. Judge Davies addresses the broader ethical dimensions of tax practice in South Africa, with discussions focusing on tax morality, professional competence, and the importance of due care. The session also covers the responsibilities of tax professionals in reporting non-compliance with laws and regulations (NOCLAR) and managing risks related to money laundering, corruption, and fraud. Video Content Ethics and Tax Morality: Discuss the definition of tax morality and the factors that influence it. Professional Responsibilities: Explore the tax practitioner's responsibilities toward clients and their own tax affairs. Ethical Framework: Learn the principles of integrity, objectivity, due care, confidentiality, and professional behavior. NOCLAR and Compliance: Understand the reporting obligations for non-compliance with laws and regulations (NOCLAR). Anti-Money Laundering (AML) and Fraud Prevention: Discuss tax practitioners' responsibilities in preventing and reporting money laundering and fraud. Accountability: Highlight the need for tax practitioners to hold themselves, their peers, and their clients accountable. Competencies Developed By watching this video, participants: Understand the concept of tax morality and its importance in South African tax practice. Gain insight into the ethical responsibilities of tax practitioners, both towards clients and in their own tax affairs. Learn how to apply the ethical framework in day-to-day tax practice, ensuring integrity and objectivity. Develop awareness of their obligations regarding NOCLAR and anti-money laundering (AML) compliance. Strengthen their ability to manage ethical dilemmas and make sound, well-documented decisions in tax practice.


2 Hours | R195.00
Caryn Maitland , Judge Dennis Davis

Navigating Ethical Challenges: Integrity and Leadership in Tax Practice

Overview This video, led by Caryn Maitland, focuses on the ethical responsibilities of tax practitioners and accountants. It explores the foundational principles of ethics, including integrity, objectivity, confidentiality, and professional care, while providing practical guidance on navigating the ethical dilemmas often encountered in professional practice. Viewers gain insight into managing threats such as conflicts of interest, self-interest, and undue influence, as well as the importance of accountability in maintaining trust with clients, colleagues, and regulators. The session also examines ethical reporting requirements around non-compliance with laws and regulations (NOCLAR) and the risks related to money laundering, corruption, and fraud. Video Content Ethics and Value Systems: Explore personal, business, and professional ethics, with a focus on ethical decision-making. Ethical Challenges: Address threats like ethical fading, conflicts of interest, and self-interest in professional practice. Reflective Practice: Develop awareness and sensitivity to ethical situations and broaden perspectives. Ethical Framework: Learn key principles such as integrity, objectivity, confidentiality, and due care. NOCLAR and Compliance: Understand reporting obligations and managing risks related to money laundering and fraud. Practical Ethics: Manage client expectations, fees, confidentiality, and maintaining competence in your practice. Competencies Developed By watching this video, participants: Understand the key principles of ethics in tax practice and accounting. Identify and respond to common ethical threats, such as conflicts of interest and undue influence. Develop reflective ethical practices for well-informed decision-making. Enhance skills in documenting ethical dilemmas and justifying decisions based on professional standards. Gain knowledge on confidentiality, client money management, and NOCLAR obligations. Strengthen their ability to maintain professional competence and deliver high-quality work.


2 Hours | R195.00
Caryn Maitland

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