MAA250 - Ethics for Financial Professionals

Year: 2019 unit information
Enrolment modes: Trimester 2: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Cloud (online)
Trimester 3: Burwood (Melbourne), Cloud (online)
Credit point(s): 1
Previously coded as: MAA350
EFTSL value: 0.125
Unit chair:

Felicity Fallon (Trimester 2), Luisa Lombardi (Trimester 3)

Prerequisite:

MAA103, MAF101

Corequisite: Nil
Incompatible with: MAA350
Contact hours:

Campus: 1 x 2 hour class, 1 x 1 hour seminar per week 

Cloud (online): Online independent and collaborative learning including 11 scheduled online workshops of 1 hour duration

Content

As a requirement of International Education Standard 4 released by the International Federation of Accountants, the unit develops students' appreciation of ethics and their ability to evaluate and apply ethical principles in the decision-making process in accounting and finance. Topics covered include: the nature of ethics; ethical factors influencing the performance of financial services; ethical theories and principles applicable to finance professionals; ethical decision-making models; ethical issues and conflicts of interest in the financial services industry; professional codes and workplace ethics; corporate social responsibility; principles of corporate governance; applying ethical decisions in case scenarios; and international business practices.

Assessment

Assessment 1: Written Report (Individual) Case Analysis (2,000 words) 20%

Assessment 2: Professional Reflection (Individual) Video interview 20%

Examination: (2-hours) 60%

Hurdle requirement: achieve at least 50% of the marks available on the examination.

Unit Fee Information

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