Ethics and Governance video lessons

5 short animated lessons for the CPA Australia Ethics and Governance exam, each built around one case or one exam question. 1 is free to watch without an account; every lesson has its full transcript on its page.

About the Ethics and Governance exam: format, module weights and sample questions

Module 1: Accounting and society

15% of the exam

2:01
Episode 5
The Auditor Who Stayed Quiet
A fictional auditor sees client money misused and stays quiet. Registration, the 28-day duty to notify ASIC, who disciplines auditors, enforceable undertakings and Caparo.
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Module 2: Ethics

20% of the exam

1:16
Episode 1
The Ethics Toolkit
An audit manager owns shares in her client. Five principles, the five threats (S·S·A·F·I) and the three-step conceptual framework, in one case.
Free to watch

Module 3: Governance concepts

25% of the exam

1:22
Episode 3
Right Verdict, Wrong Reason
One audit committee question, four options and one trap: an answer with the right conclusion and the wrong reason is still wrong. ASX Recommendation 4.1.
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Module 4: Governance in practice

25% of the exam

2:58
Episode 2
Four Decisions That Broke a Board
A fictional listed miner, four board decisions, four directors' duties: conflicts (s 191, s 195), proper purpose (s 181), reading the accounts (s 180, s 189) and insolvent trading (s 588G).
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Module 5: Corporate accountability

15% of the exam

1:23
Episode 4
Why Everyone Copies
Three pressures make organizations look alike: coercive, normative and mimetic. One sustainability report question, and how to tell them apart.
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Ethics and Governance video lessons

Module 1: Accounting and society

The Auditor Who Stayed Quiet

Module 2: Ethics

The Ethics Toolkit

Module 3: Governance concepts

Right Verdict, Wrong Reason

Module 4: Governance in practice

Four Decisions That Broke a Board

Module 5: Corporate accountability

Why Everyone Copies