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ACCA Applied Knowledge · Business and Technology · The role of regulatory and professional bodies in promoting ethical and professional standards in the accountancy profession

Which of the following is an example of a professional body promoting continuing competence among its members, rather than merely disciplining misconduct?

Requiring members to complete and confirm annual continuing professional development is the proactive measure, because it keeps their knowledge and skills current. Expelling a fraudster or publishing a fine are reactive disciplinary steps taken after misconduct has already happened.

  1. ARequiring members to complete continuing professional development (CPD) each year and to confirm that they have done soCorrect
  2. BExpelling a member convicted of fraud
  3. CPublishing the name of a member who has been fined

Explanation

CPD requirements are proactive: they keep members' knowledge and skills up to date, supporting professional competence and due care. Expulsion and publication of sanctions are reactive disciplinary measures taken after misconduct has occurred.

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