Trust and Ethics

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An illustration of a man walking towards a tunnel.

Critical thinking, ethical decision making, transparency, accountability, leadership, and professional judgement are foundations of the accounting profession.

Foresight calls for CPAs to be the stewards of trust in the digital economy. With a strong focus on public interest, CPAs will be called upon to bring ethical leadership into today’s complex world.

Here’s your chance to contribute and advance the Canadian dialogue on trust, ethics and technology. Participate in our Quick Polls and share your ideas with other CPAs in our Forum.

Our online engagement is an inclusive dialogue where you are encouraged to come back, see what's new with the Foresight initiative, and continue to participate in online conversations as they evolve.

Critical thinking, ethical decision making, transparency, accountability, leadership, and professional judgement are foundations of the accounting profession.

Foresight calls for CPAs to be the stewards of trust in the digital economy. With a strong focus on public interest, CPAs will be called upon to bring ethical leadership into today’s complex world.

Here’s your chance to contribute and advance the Canadian dialogue on trust, ethics and technology. Participate in our Quick Polls and share your ideas with other CPAs in our Forum.

Our online engagement is an inclusive dialogue where you are encouraged to come back, see what's new with the Foresight initiative, and continue to participate in online conversations as they evolve.

Discussions: All (3) Open (2)
  • Help shape the Friedrichs’ new publication, “Technology is a Double-edged Sword”

    3 months ago
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    “Technology is a Double-edged Sword” is a publication currently in the works by Brian Friedrich, LLM, MEd, C.Dir, FCPA, FCGA and Laura Friedrich, MSc, CIA, FCPA, FCGA. Your feedback will speak directly to them to drive the publication’s narrative on how ethics can influence decision-making on technological development across businesses. They’ll be analyzing all your answers—make sure to let them know what you have to say! 

    Disruptive technologies raise a broad range of ethics challenges, including:

    • transparency (e.g., trade-offs with confidentiality)
    • explainability (e.g., neural networks with deep learning)
    • accountability (e.g., for decisions made by autonomous systems)
    • human rights protection and values alignment (e.g., equity and fairness, inclusion, collaboration)
    • accuracy, reliability, and effectiveness (e.g., justifying resource allocations)
    • privacy and autonomy with respect to personal data (e.g., data ownership issues)
    • safety and security (e.g., cyberattacks)

    To what extent should CPAs be responsible for promoting ethics within technology development, implementation, and use in our organizations? Does your answer change depending on whether the technology in question is directly or only indirectly related to financial/corporate reporting?

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  • Where do you see CPAs adding value as ethical leaders?

    5 months ago
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    How are you involved in helping your organization or clients pursue initiatives in sustainability, climate responsibility, equity, social justice, etc.? Where do you see CPAs adding value in these areas now and in the future?

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  • How is complexity affecting your role as an ethical leader?

    6 months ago
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    CLOSED: This discussion has concluded.

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    Complicated problems differ from complex ones in important ways: 

    Complicated Complex
    Might have many moving parts, but interactions are linear and able to be modelled Interactions are dynamic or "emergent" and often hidden
    Outcomes are reasonably predictable Outcomes cannot be accurately predicted
    Systems can be de-constructed Elements are interdependent, and can't be untangled
    Results are reproduceable Applying the same "solution" will generally yield different results 


    Although complicated problems are challenging to solve, once solutions are found, they generally stay solved. Complex problems, on the other hand, are not solvable by applying static algorithms, rules and processes.

    How is complexity in the professional environment impacting the role of CPAs as ethical leaders and trusted advisors? 

    Share your answer with us below!  

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