Acca Per
Essentials - you must achieve all nine. | | | Performance Objective | Activity | Performance indicator | 1 Demonstrate the application of professional ethics, value and judgement |
Example of relevant activities
Keep up-to-date with all codes of conduct and professional standards.
Provide a description of how you have dealt with situations where your professional ethics, values or judgement were challenged
Discuss with others (e.g. your manager) how you would deal with situations which could arise in the future where your professional ethics, values or judgement are challenged.
Inform clients about the ethical standards that apply to professional activities.
Monitor compliance with relevant legislation, standards and regulations and raise any concerns with the appropriate person.
Identify the person or persons within your organisation responsible for providing ethical advice or managing compliance with relevant legislation (e.g. money laundering legislation) |
To perform effectively you need to
Uphold (and to be seen to uphold) professional ethics, values and standards
Behave with integrity and objectivity e.g. act independently and avoid any conflict of interest
Maintain professional competence, confidentiality and due care | 2 Contribute to the effective governance of an organisation |
Respond to requests for information from senior management and/or decision making bodies
Provide information on developments external to organisations e.g. economic, environmental or legislative
Help to ensure that meetings in your organisation are well organised and effective |
Provide information, at the appropriate time, required by senior management to support decision making
Implement organisational policies and procedures in your area of responsibility
Ensure compliance with legal, regulatory and social requirements in your area of responsibility | 3 Raise awareness of non-financial risk |
Performing, or contributing to, risk assessments e.g. risks to health and
Example of relevant activities
Keep up-to-date with all codes of conduct and professional standards.
Provide a description of how you have dealt with situations where your professional ethics, values or judgement were challenged
Discuss with others (e.g. your manager) how you would deal with situations which could arise in the future where your professional ethics, values or judgement are challenged.
Inform clients about the ethical standards that apply to professional activities.
Monitor compliance with relevant legislation, standards and regulations and raise any concerns with the appropriate person.
Identify the person or persons within your organisation responsible for providing ethical advice or managing compliance with relevant legislation (e.g. money laundering legislation) |
To perform effectively you need to
Uphold (and to be seen to uphold) professional ethics, values and standards
Behave with integrity and objectivity e.g. act independently and avoid any conflict of interest
Maintain professional competence, confidentiality and due care | 2 Contribute to the effective governance of an organisation |
Respond to requests for information from senior management and/or decision making bodies
Provide information on developments external to organisations e.g. economic, environmental or legislative
Help to ensure that meetings in your organisation are well organised and effective |
Provide information, at the appropriate time, required by senior management to support decision making
Implement organisational policies and procedures in your area of responsibility
Ensure compliance with legal, regulatory and social requirements in your area of responsibility | 3 Raise awareness of non-financial risk |
Performing, or contributing to, risk assessments e.g. risks to health and