Ethical Challenges in Dealing with Conflicts of Interest
Overview
What you'll take away.
Navigate Conflicts of Interest with ease and safeguard both client and practitioner positions by mastering risk recognition and management.
Practitioners often encounter situations involving Conflicts of Interest. However, this can lead to unforeseen consequences and ethical challenges that need to be managed to protect both client positions and the practitioners themselves
This session will consider the more frequently encountered examples from tax practice involving Conflicts of Interest, and how they may be managed:
- Family Law breakdowns
- Business disputes between previous owners
- Contractual disputes between clients
- Advisors who perform other non-advisory roles for clients
- Staff members who have personal relationships with clients
The session will provide a series of linked case studies to illustrate these issues in practice and how they may play out in future compliance work and interactions with regulators, including the ATO and even the TPB
Learning Outcomes:
Attendees will learn to better understand:
- The types of ethical issues that may arise when such Conflicts of Interest are encountered
- The regulatory risks for practitioners where these ethical challenges are not properly managed
- Navigating the boundaries of what is permissible versus what is not
- Possible approaches for dealing with clients in such situations
Suited to:
Tax Agents, BAS Agents, R&D Advisers, lawyers, accountants, financial planners and other tax-related professionals
This On Demand recording Includes:
- Recording of the Live Webinar, which can be viewed multiple times, for as long as required
- Presenters contact details for follow up questions
- CPD Quiz
- CPD Certificate
- CPD Report – Logged automatically
- PowerPoint Presentation
- Verbatim Transcript, with Searchability
- Supporting Documentation
Course syllabus
3 lessons
- Video – Ethical Challenges in Dealing with Conflicts of InterestVideo
- Feedback Survey QuestionsSurvey
- Knowledge QuizTest
Your presenter
Bruce Collins is the founder and principal solicitor at Tax Controversy PartnersTax Controversy Partners
, currently helping clients to resolve all types of tax issues with the ATO and SROs. Before moving into private practice in 2017, Bruce worked for over 35 years in the Tax Office, a third of this time as a Senior Executive in what is now Client Engagement Group, covering most ATO functions. Bruce was the leader of the Technical & Case Leadership area in Private Wealth for several years prior to leaving the ATO, as well as having previously been the strategic, technical and compliance leader for many of the ATO’s audit programs. Bruce was one of the leaders of the Aggressive Tax Planning capability for the ATO in various roles, including being a member of the ATO’s General Anti-Avoidance Panel for several years, and coaching many ATO staff and their leader on the ethical issues relating to tax planning arrangements
Bruce has an Accounting Certificate (1989), a First-Class Honours Degree in Law (1995), a Graduate Diploma in Legal Practice (1996), a Masters of Taxation (2003) and a Masters of International Taxation (2006). Bruce is a Chartered Tax Advisor with the Tax Institute, a member of the Law Society of NSW and is both a member of the Law Council of Australia and current Chair of their SME Committee.