PROFESSIONAL STANDARDS AND REGULATORY FRAMEWORKS

Course overview

This course provides a comprehensive overview of the professional and regulatory frameworks governing ethical conduct in the Australian accounting and tax profession. It explains how ethical standards, professional pronouncements, and statutory obligations interact in practice and how they apply to tax agents, BAS agents, and public practitioners.

Course objectives

• Explain the role of professional standards in regulating ethical conduct
• Identify the key regulatory bodies overseeing accounting and tax professionals
• Distinguish between ethical obligations and legal compliance
• Apply professional frameworks to real-world practice scenarios
• Understand how ethical regulation protects the public interest

Learning outcomes

By the end of this course, participants will be able to:

• Describe the Australian professional and regulatory landscape for ethics
• Explain how professional standards apply across different practice roles
• Identify ethical risks arising from regulatory complexity
• Apply ethical frameworks to common professional situations
• Recognise the consequences of ethical and regulatory failures