Ethics: Conflicts of Interest Unpacked


Brian Friedrich FCPA and Laura Friedrich FCPA




Conflicts of interest can certainly cause serious harm when they are mishandled, yet their occurrence is not unusual in our professional lives. Organizations and individuals need and value our expertise, and as we take on more roles and opportunities, we’re likely to face situations that might present real or perceived conflicts of interest. Laws, regulations, professional codes of conduct, and company policies all take great care to ensure that those in positions of trust are held to account if they put self-interest ahead of their professional duties.

In this course, you’ll learn about some of your key professional obligations regarding conflicts of interest. You’ll also determine how to recognize situations that might pose conflicts of interest so that you can avoid them or deal with them effectively. You’ll consider how to decide whether a conflict of interest should be eliminated outright, or whether the party owed a duty might be better served by managing and mitigating the conflict of interest. And finally, you’ll review potential safeguards that can be used to properly manage and address conflicts of interest when they do arise.

EXPERT OPINION: This course includes an interview with
Diane Jules, Deputy Director of the International Ethics Standards Board for Accountants (IESBA) 

LEARNING OUTCOMES.  In this course you will learn how to:
1: Distinguish between the existence of a conflict of interest and the inappropriate actions that can result if a conflict of interest is improperly handled.
2: Distinguish between real and perceived conflicts of interest.
3: Identify how conflict of interest considerations appear in laws, regulations and professional codes.
4: Recognize ways to avoid conflicts of interest when possible, identify conflicts of interest when they arise, and promote compliance in your organization.
5: Evaluate how serious a conflict of interest is and determine whether it can be managed and mitigated or whether it needs to be eliminated.
•   This course is best experienced on the free ProDio mobile app.  Download the ProDio app now on the App Store (iPhone) or Google Play (Android). App is not supported on iPad. Use the Safari web browser.
•   Our recommended web browser is GOOGLE CHROME for best performance. Please ensure your mobile phone or web browser is updated.  You may experience issues with older phones or web browsers that are no longer supported, such as Microsoft Internet Explorer..
•   Listen to each module completely and in order. Modules will only mark as completed when the entire module has completed.
•   Course Index: This course includes a key points handout and a full course transcript. To locate a key term or topic, please search (crtl-F) these documents.
•   Completed modules will be indicated by a check-mark.
•   Once all audio modules have been marked as complete you can begin the quiz.
•   The course will not complete unless all modules and quizzes are marked as complete.
•   Once you complete the final quiz and complete the course, please complete the course evaluation.
•   Following the evaluation, you will be able to download your completion certificate.
•   After the course is completed, you will no longer be able to retake the quiz.
•   You will be able to access the course content (audio files and handouts) for 1 year after purchase.
•   Download your completion certificate at any time from your "My Courses" page.
MINIMUM PASS RATE: A final result of 70% or more is required to pass the course.

CPA Ontario (Chartered Professional Accountants of Ontario)
CPA Alberta (Chartered Professional Accountants Alberta)
CPA BC (Chartered Professional Accountants British Columbia)
CPA MB (Chartered Professional Accountants Manitoba)
CPA NB (Chartered Professional Accountants New Brunswick)
CPA NS (Chartered Professional Accountants Nova Scotia)
CPA PEI (Chartered Professional Accountants Prince Edward Island)
CPA Saskatchewan (Chartered Professional Accountants Saskatchewan)
CPA NL (CPA Newfoundland & Labrador)
CPA Quebec (Ordre des CPA du Québec)
COPYRIGHT: All content associated with this course is the property of ProDio Audio Learning Inc. and you may not copy or distribute course content without written authorization.
PLEASE NOTE: Due to the nature of our course content, once the course has been purchased, we are unable to provide refunds.
SUPPORT: Please email if you require assistance.

"My first time using this the flexibility and ability to chip away at course material whenever and wherever!"

"Great instructors, was nice to use real life examples/sound clips, and nice to have more shorter modules and the quiz halfway through."

"Excellent course! Love the delivery of these courses that the two of you do."

"It is a great course with relevant and up to date examples to make it an interesting and not boring course. The material covered is sufficient and well delivered by the speakers. I really enjoy this course. Thank you!"

"Nicely done with lots of real examples - and very well presented."


1.25 Hours

CPD Points