How to handle a conflict of interest

As accountants, conflicts of interest can arise. Some say they are unavoidable.  But knowing how to manage them is crucial.  This episode explores how such conflicts arise – from client relationships to commercial pressures – and why managing them is critical to upholding trust in the profession.  You will learn:  why conflicts of interest are increasing in today's business environment  the most common conflict of interest scenarios facing accountants and advisers  when disclosure is not enough and stronger action is needed  how to distinguish between manageable and unacceptable conflicts  practical frameworks to identify and assess conflicts in real time  the role of professional judgement and organisational culture  Drawing on the current codes of ethics and the everyday ethics issues discussed in INTHEBLACK, this expert-led discussion focuses on practical decision-making in situations that are rarely clear cut.  This episode will help you respond with confidence and integrity.   Tune in now.  Host: Tahn Sharpe, Editor, CPA Australia  Guests: Dr Michelle Cull FCPA, Associate Professor and Head of Discipline, Accounting and Financial Planning at Western Sydney University, and Belinda Zohrab, Regulation and Professional Standards Lead, CPA Australia  Loving this episode?  Listen to more INTHEBLACK episodes and other CPA Australia podcasts on YouTube. Head to our podcast page CPA Australia - YouTube  And of course, click subscribe to the channel today.  We deliver regular content that will help boost your career skills and capabilities.  Additionally, INTHEBLACK online has stories on everyday ethics issues.  CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting https://www.cpaaustralia.com.au/tools-and-resources/podcasts  INTHEBLACK https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack  INTHEBLACK Out Loud https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack-outloud  Excel Tips Excel Tips | CPA Australia  With Interest https://www.cpaaustralia.com.au/tools-and-resources/podcasts/with-interest  Search for them in your podcast platform. Email the podcast team at [email protected]