Ethics will be the key differentiator in a digital age. Is your business ready?
Nowhere near ready
Feeling totally unprepared for a more complex future? Unsure of your current policies and approach to ethics within the finance function?
Now is a good time to start changing that. To instil trust, professional accountants will need to demonstrate ethics more overtly, learn new behaviours and adopt new ways of working.
First step - read our AACA report on Ethics and Trust in a Digital Age. An ideal starting point that will explain where to begin.
Made a good start
So, your business is starting to understand that ethical financial behaviour is much more than just an intuitive sense of following your conscience. It means demonstrating professional competency and applying ethical behaviour in work situations.
Your business will need finance professionals trained in ethics and a strong ethical leadership setting the tone at the top.
You know that technical capabilities are only half the story, and that a well-rounded skill-set needs to be complemented by strong ethical behaviours.
Now it’s time to put an emphasis on new or emerging ethical considerations in an evolving digital age.
can help you navigate the ethical implications of new, complex situations from a global point of view.
You are in a good place. Your teams are effective in learning new information quickly, and applying their ethical judgement, often in situations they may not have seen before.
You are mostly confident they are meeting the standards of ethical behaviour expected. So now would be a good time to establish a robust evaluation process.
can help you develop ways to objectively assess whether behaviour is ethical and if knowledge levels are adequate.
Yes. What’s next?
Congratulations – your organisation firmly believes in the value and importance of ethical behaviour – not just as an essential quality of the future finance professional; but also as a driver for sustainable organisational performance.
So how about you take a more prominent role in championing this important thinking and help AACA share and promote best-practice across your industry, and indeed through our global network?