Six years after the Enron scandal, a tax expert will examine why there is so much interest in ethics.
Chas Roy-Chowdhury, Head of Tax at the Association of Chartered Certified Accountants, is to speak at a Continuous Professional Development seminar in the Cayman Islands next month.
Mr. Roy-Chowdhury, will explore the ethical challenges which face accountants in their daily working lives and how this has an impact on the way they and their clients can reduce risk. He will also be outlining a framework for resolving ethical conflicts, and arguing that good ethics means good profits, states a press release.
Mr Roy-Chowdhury said: ‘Ever since the corporate scandals of 2002, where accountants were put under huge pressure to hide the real figures, there has been a demand for ethical behaviour from finance professionals. ACCA is trying to help its members to resolve ethical dilemmas in a number of ways and provides a framework which enables them to make tough decisions more easily. This is because, all too often, ethical dilemmas are not between right and wrong, but between two rights, such as the need for economic development weighed against environmental protection.’