Calling out ethical failing is a key part of an accountant’s role, according to 94% of accountants surveyed by ICAS.
The results also found that 42% of CAs think there has been a recent increase in ethical issues, as new technologies and changing societal attitudes reshape the modern business landscape.
Alarmingly, a skill gap remains, with 39% of those surveyed admitting that they are not very well-equipped to deal with the growing challenges.
ICAS CEO Bruce Cartwright (pictured), said: “Ethical leadership is not just about knowing the rules, it’s about having the courage to do the right thing when it matters most. In line with the ICAS motto, ‘seek the truth’, we’re committed to empowering the accountancy profession to cultivate trust and act as ethical leaders.”
To explore this topic further, ICAS will host a live online Ethical Leadership Forum on Tuesday 3 June. Hosted by broadcaster Sally Magnusson, the event will feature a keynote address from journalist Nick Wallis on his extensive reporting of the Post Office scandal, followed by thought-provoking panels on the importance of ethical culture and the ethical implications of new technologies. Register to attend the ICAS Ethical Leadership Forum here, which is free to ICAS students and members.