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Course Info

About this Course

The course provides an understanding of the underlying ethical theories and philosophies, and values in individual, organizational, professional and society settings. The focus will be on the practical developments of skills and competence needed through the application of relevant knowledge to deal with ethical issues to enable ethical decision and engage in appropriate conduct. The application of these ethical principles is best discussed within the framework of good practice of corporate governance.

Course Syllabus

Ethics and Its Significance in the Business Discipline
Ethics, its importance and its application to individual, business and governance
Organizational and Global Ethical Culture
The Framework for studying Business and Professional Ethics for accountants
Moral Reasoning and Ethical Decision Making Process

Ethical Thought and Moral Reasoning in Business: Basis for ethical
Stakeholders and changing expectations
Ethical concepts, philosophies and theories; and its application to business
Understanding ethics in Islam and its application to business

Approaches To Ethical Decision Making
Ethical decision making framework for business environment and Workplace Ethics
Stakeholder Impact Analysis: a tool for assessing decisions and actions using the decision making approaches
Developing a Comprehensive Ethical Decision Making Framework

Professional And Business Ethics : The Accountant And The Organization
Professional Accountants in the Public Interest
Professional and Corporate Code of Ethics
Accountability and issues in organizational Context

Corporate Social Responsibility and Sustainability Issues
Corporate Social Responsibility and Ethics
Ethics and Sustainable Development
Motivations and Reporting for Corporate Social Responsibility
Benefits of Corporate Social Responsibility

Corporate Governance
Definition and importance of good corporate governance practice
Development of Corporate Governance
The Theories of Governance
The Agency Theory
The Stakeholder Theory
The Transaction Cost Theory
The Stewardship Theory
The Shareholder Theory
Approaches To Governance
Principle- based approach to corporate governance
Rules-based approach to corporate governance

Framework of Corporate Governance in Malaysia
Institutional, Regulatory Bodies and Statutory (i.e. Bursa Malaysia Bhd, Securities Commission, CCM, MASB, MICG, IIM )
The Malaysian Code of Corporate Governance
Governance reporting and disclosure

The Board of Directors and Governance Issues in Business
The Roles and Responsibilities of Board of directors
The Role and Purpose of Board Committees
Issues in business practices affecting adequacy and effective corporate governance practices

Frequently Asked Questions

Q1 : What is ethics?
A1 : Moral principles that govern a person's behaviour or the conducting of an activity. The branch of knowledge that deals with moral principles.