Registration Time: 09:00

Participation Fees (The Institute is now accepting payments via Paypal)

MIA Members: €40.00
Non-MIA Members: €75.00
Retired Members: €20.00
Students: €30.00

*Group bookings for 3 or more participants available.

BACKGROUND INFORMATION

The Code of Ethics is not to be taken for granted or even put away once we achieve our warrant to practice.  It is principle based and therefore not burdensome and we can shape our practice on the extent to which we chose to adopt it in our daily lives.  More than managing risk the practitioner mitigates risk at every step and the Code of Ethics facilitates this stance.  The Code of Ethics underpins the societal role of the practitioner whether in the reporting, advisory or assurance position.  As such it provides us with the opportunity to fulfil our ethical leadership responsibilities with both clients and society at large.  Our survival as practitioners depends on the constant application of the Code of Ethics because it offers guidance on how to practise safe in our own interest as well as that of the public.  We have survived so far as a profession because most of us choose to pursue the right way, but we have to remain constantly conscious of the reality of the tendency to obviate the Code of Ethics as unnecessary.  It is at the base of the major exercise of lending credibility to financial reporting.  There is no such privilege without the fundamental principles and structure of threat identification and safeguard application promulgated by the Code of Ethics; and this in the freedom of the conceptual framework which ultimately leaves the choice to us.  The Code of Ethics is the epitome of ethical practice at will.  This makes us responsible for our own fate as practitioners.

SPECIFIC TOPICS TO BE COVERED DURING THE SESSION

• The conceptual framework
• The fundamental principles
• Independence, threats and safeguards, non-compliance with laws and regulations

Why is the session of relevance to our members?

Target Audience

Speaker's Profile

Mr Mario P Galea is a certified public accountant holding a warrant to practice both as an accountant and as an auditor. Currently practising as a business advisor providing governance oversight and advisory services to businesses and corporations. Serves as an independent non-executive director on the boards and audit committees of various listed companies in the financial and commercial sectors including banks, insurance and investment companies. Mentor and advisor to family businesses. Founder, managing partner and chairman of accountancy and audit firm Ernst & Young in Malta until retirement in 2012. Specialised in auditing and assurance which he has practiced for 35 years in Malta an abroad. Auditing experience spans over several sectors including banks, insurance and investment companies. Lectured in auditing, assurance and professional and business ethics and led several training courses. Speaker at various business and professional conferences in Malta and abroad. Speaker and producer of various webinars related to auditing, corporate governance and ethics. Assisted businesses in several areas particularly relating to governance, accounting and systems of control. Served as President of the Malta Institute of Accountants and for many years formed part of the Accountancy Board which is the accountancy profession regulator in Malta. Served on various professional committees in Malta and abroad such as the council of the Federation des Experts Comptables (FEE) in Brussels (now Accountancy Europe). Member of the Ethics committee of the Malta Institute of Accountants in Malta

EVeNT CPE COMPETENCies

3  Core

WEBINARS TERMS AND CONDITIONS

Terms and conditions  apply

DISCLAIMER

By Registering and/or Booking for this event, you agree that MIA will collect your information which will be using it in accordance with its Privacy Notice available at the following link.

Please note that all webinars are recorded by the MIA. Such recordings will be retained by the MIA for internal use.