This 12:50 minute video is Module 2 from the online course ABC's of Auditing from the Finance Learning Academy. In addition to professional ethics, the author presents a six step approach for solving ethical dilemnas and illustrates the application of them using examples. In addition, the penalties for professional conduct violations are summarized. Among the other topics addressed are threats to independence (self interest, self review, advocacy, familiarity, and intimidation), confidentiality, integrity and due care, as well as sustaining professional competence.
Type of Material:
Presentation, training material
In class, lecture, homework
Identify Major Learning Goals:
Learning a decision approach for solving professional ethical dilemmas; exposure to topics addressed in most public accounting rules of professional conduct
Target Student Population:
Undergraduate/Graduate Auditing educators and students.
Prerequisite Knowledge or Skills:
Intermediate Accounting II; interest in public accounting ethics, or auditing.
The author provides the audience with an entertaining method of teaching professional ethics concepts. The author integrates his professional auditing experience in an engaging manner.
The video repeatedly uses http://www.icans.ns.ca/about-icans/rules-of-conduct/item68852.pdf to illustrate select rules of conduct. Users need to realize the material referenced is a June 13 publication of Nova Scotia.
Information is both current and relevant, demonstrating core concepts grounded in the discipline that is informed by scholarship.
The module contains an adequate amount of material to be considered self-contained, thereby, enabling users to fully grasp the concepts discussed.
The threats discussed appear to match up to the CIMA (Chartered Institute of Management Accountants) self interest threat, self review threat, and advocacy, familiarity, intimidation threat, however the source is not provided.
The video needs to state specifically which professional code of conduct is being illustrated given a Table of Contents with numbered rules has been included as a graphic. Had mentionaing the numbered rules been omitted, this concern would be less of an issue.
Potential Effectiveness as a Teaching Tool
The presentation introduces and reinforces concepts progressively, building on prior concepts and demonstating the relationships among them.
Incorporating personal experiences greatly enhances the presentation by linking theory to practice.
The author is very enthusiastic about the auditing profession and has a captivating voice.
The author also includes meaningful charts and graphics to illustrate concepts very nicely during his presentation.
As a teaching and learning tool, this video is very efficient in that viewers will learn much in a short time.
Since the source of the publication for the Table of Contents referenced and illustrated has been omitted, instructors will need to provide context for their students, otherwise, content could be misleading for some users.
Ease of Use for Both Students and Faculty
The slides used in the presentation are professionally designed and well done. In addition, the author’s website and related educational videos are also professionally done.
The use of pictures with words superimposed adds interest.
Having the steps of ethical decision making on screen while the author described a particular ethical dilemma is a good feature. The visual helps reinforce application and retention.
The speaker’s energy and use of hand gestures is engaging.
The author has a gift for presenting complex technical material in a very simple manner. The author is also able to pause discussion at appropriate times. He poses an interactive question, allows the audience to process information being presented, and then masterfully continues giving positive feedback.
When discussing ethics in public accounitng in general, the numbered rules of conduct illustrated in several places do not match up with the AICPA rules. The video is silent as to which code of professional conduct it is emphasizing, although it acknowledges different rules of conduct exist. In error, U.S. users may assume U.S. rules are being referenced. On the other hand, having an international perspective of ethics is a positive feature, however, stipulating which one is being illustrated is important for viewers to know.
Other Issues and Comments:
Once users are aware that some of the materials are from an international code of conduct, they will be able to make comparisons to the code relevant in their country to determine whether any rules are different. In fact to have this exposure might even facilitate an interesting assignment.
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