International Education Forum in Mexico Focuses on Professional Values, Ethics and Attitudes
During the 4th International Education Forum, Implications and Perspectives of Good Practices and Training Accountants in Ethics in Latin American Countries, speakers provided insights from a range of Latin American countries, including Columbia, Panama and Mexico. Forum speakers included International Accounting Education Standards Board member Blanca Tapia and technical Advisor Sylvia Meljem.
Building off the requirements of International Education Standard 4, Professional Values, Ethics and Attitudes, Forum panel and plenary discussion generated broad agreement on their importance and the importance of education for these areas. There was also general agreement on the importance of ongoing professional behavior monitoring and that it is the responsibility of all stakeholders, including universities, employers, professional accountancy organizations and government.
Additional concepts were considered during the Forum, such as whether a culture of compliance and sanctions should be changed to focus more on how each individual, as a professional accountant, is responsible for their actions. Other themes discussed included those focused on corporate governance and information and communications technologies developments, which could support professional accountants as they work to protect the public interest by promoting trust and transparency in the information they prepare.