All About Ethics | Old But Gold Series

*This episode is part of my Old but Gold series, where I revisit some of my earlier podcasts that are still completely relevant for your SBR exam today. The recording may be from the archives, but the knowledge and exam technique are every bit as useful now.* Ethics is guaranteed to matter in SBR, particularly in question two. In this episode, I take you through the five ethical principles and, more importantly, explain how ethics is actually examined. This is not about simply listing the principles. It is about spotting ethical issues in a practical accounting scenario and linking what is happening back to the ethical code. You’ll learn how to identify issues such as lack of professional competence, deliberate manipulation, threats and inducements, and how to turn those observations into marks. I also explain why you should deal with the accounting treatment first, before discussing the ethics, and how giving sensible advice — including escalation, seeking independent advice and, ultimately, resignation — can strengthen your answer. **Thanks for listening to this episode of Pass Your SBR ACCA Exams with Tom Clendon.** If you’d like to view the exam question on screen and see my working, subscribe to the YouTube Channel:⁠⁠⁠⁠ ⁠⁠https://www.youtube.com/@tomclendonSBR⁠⁠⁠⁠⁠⁠. For access to on-demand support and guidance for your ACCA SBR Journey, visit my website to see my current course offering:⁠⁠⁠⁠ ⁠⁠https://tomclendon.co.uk/⁠⁠⁠⁠⁠⁠. **Chapters** (0:00) Old but Gold introduction (0:41) Why ethics matters in SBR (1:25) The five ethical principles (2:31) How ethics is actually examined (3:01) Deal with the accounting first (3:26) Errors, competence and deliberate manipulation (5:34) Bullying, bribery and professional behaviour (6:32) Giving advice in an ethics answer (7:34) Escalation, independent advice and resignation (9:03) Exam strategy and practising question two