Supporting internal controls with org. structure and ethics
Taught by Peter Woolley · AI tutor support included
You'll learn how organisational structure and ethics work together to support and strengthen internal controls in a business.
This lesson is part of a paid course
Buy the course to unlock every video lesson and the AI Tutor, plus mock exams with feedback on CIMA courses.
Already bought? Sign in
Ask the AI tutor anything about this lesson
It knows every lesson in the course — explanations, clarifications, practice questions.
In this lesson
- 0:00 Organisational Structure and Internal Controls
- 0:38 Centralised vs Decentralised Decision-Making
- 2:31 Responsibility Centres and Performance Targets
- 4:09 Professional Ethics Framework for Accountants
- 6:40 Ethical Threats and How They Compromise Integrity
- 8:35 Confidentiality Breach: Nathan's IPO Example
- 9:46 Corporate Codes of Ethics and Enforcement
About this lesson
This session explores how centralised versus decentralised structures affect control consistency, how responsibility centres align accountability with performance measurement, and why ethical frameworks matter to the integrity of the control environment. You'll discover why what you measure shapes behaviour, how the five ethical principles (PIPCO) guide professional accountants, and how to recognise threats to those principles (MASSIVE) that could compromise your objectivity and the organisation's controls. This is essential knowledge for understanding the broader control environment in papers like AA, SBL, and APM.
Duration: 10m
Transcript
Every lesson comes with a full searchable transcript - included with the course.
Get the P3 Objective Test course
All 58 video lessons, timed mock exams marked instantly with an explanation for every question, an AI Tutor in every lesson and lifetime access.
Already bought? Sign in