Episode 2: Doing the right thing: Ethics, leadership & the heart of the profession

Hello and welcome back to the Chartered Accountants Worldwide audio newsletter! Whether you’re on your commute, grabbing a coffee break, or walking the dog, we’re glad you’re tuning in.

Today, we’re spotlighting a thoughtful series from our member institute, ICAS, all focused on ethics, professionalism, and the moral leadership that defines our profession. Let’s get into it.

Our first feature, entitled “Your Moral Compass Develops on the Job”, explores how ethical judgment isn’t something you’re born with—it grows through real-world experience.

ICAS interviewed senior members on what it means to do the right thing in high-pressure environments. Their message? Ethical leadership is learned—like riding a bike—through practice, reflection, and sometimes trial and error.

A survey of 710 members showed that across all experience levels—under 10 years, 10–30 years, and over 30 years—about two-thirds feel equipped to handle ethical dilemmas 

Real wisdom, it turns out, comes from wrestling with tough calls and learning from them.

In the second article, “Being a Professional Means Operating to a Higher Standard”, ICAS reminds us that professional status is more than credentials—it’s a promise of integrity and consistency.

One powerful anecdote: a bus-conductor-turned-accountant choosing honesty every day—never pocketing stray change—reflects the mindset expected of all Chartered Accountants . The article makes a clear point: your reputation isn’t just built on what you do, but how you do it. A single lapse in ethics can undo years of credibility.

The third piece, entitled “Ethical Leadership Can Feel Uncomfortable — That’s No Reason Not to Act”,  dives into the real discomfort that can come with standing up for what's right—especially when it's unpopular.

One ICAS non-executive director on a large board refused to ignore bribery—and instead went to court, resulting in a £1 million fine for the company.  Other stories shared highlight resisting pressure to cover up variances or pay bribes. Choosing ethics can slow business, but it safeguards trust and long-term integrity. And they make a vital point: always escalate when you're backed by your firm—it makes the courageous step easier.

So let’s put this all together… Here’s the thread that connects these articles:

• Ethical judgement is developed—through practice, reflection, and real experience.
• Professionalism means consistently choosing the harder right over the easier wrong.
• Courage matters. Ethical leadership often feels uncomfortable—but acting matters more.

These principles form the backbone of our profession’s promise: to serve not just clients, but the public interest, with integrity and trust.

So, as Chartered Accountant what’s your call to action?  

You could reflect on the decisions you’ve made lately: Where did ethics come into play? 

Consider how you can lead by example—whether you're a seasoned CA or just starting out, your conduct shapes the profession’s reputation.

And finally, when in doubt—or pressure—lean on your colleagues and mentors. You’re not alone.

Want to dive deeper? Read each article on the website (links below in the show notes) and share your thoughts on LinkedIn or via email to our editorial team. Your insights help spark broader conversations across our global community.

That’s a wrap for Episode 2. Thank you for joining us and for being part of a profession built on values, courage, and professional excellence.

Until next time—stay principled, stay curious, and take care.

Article 1 

https://charteredaccountantsworldwide.com/your-moral-compass-is-something-that-develops-on-the-job/ 

Article 2 

https://charteredaccountantsworldwide.com/being-a-professional-means-operating-to-a-higher-standard/ 

Article 3 

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