Accountants and business leaders in Scotland are to receive more ethics teaching from the Institute of Chartered Accountants in Scotland in an effort to improve public trust in financial reporting.
The institute also plans to introduce more ethics courses to its 'CA' qualification, in order to restore the public's trust in the financial services industry and business ethics as a whole.
This is precisely why the ICAEW should not have abandoned its plans in 2005 to have a separate ethics exam.
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