Ethics and Behavioural Finance Workshop 2022
Unlocking the power of behavioural science.
Behavioural science, also known as behavioural insights or behavioral finance, is a key toolkit for business success in the financial services, accounting, and legal sectors.
Growing recognition of the complexity of human behavior is driving increasing interest in use of behavioural science to guide strategic business decisions.
Traditional approaches to understanding human behaviour, or market conditions, often fail to reflect human decision-making complexity or changing market conditions.
This hands-on workshop offers a step-by-step guide to unlocking the power of behavioural economics to support legal compliance, accounting needs, and ethical behaviour across all business lines.
What you will learn:
- Understanding applied science to make effective decisions
- Why our brains are not wired to deal with competing decision-making
- Applying behavioural science and ethics in the legal and accounting space
- Assessing marketplace dynamics and human behaviour
- Meet your CPD ethic requirements for lawyers, accountant, and advisers professionals
Who should attend?
This workshop is tailored for
- Lawyers
- Accountants
- Tax accountants
- Ethics professionals
For any event enquiries, please email eventsanz@thomsonreuters.com
Dates & Locations
Melbourne:
Date: TBC
Livestream/online:
Date: TBC
Conference
Early Bird* $650 + GST
Full price $750 + GST
Livestream
Early Bird* $595 + GST
Full price $695 + GST
CPD Points
5 Hours
Speaker
Ravi Dutta-Powell, Senior Advisor, The Behavioural Insights Team
Ravi leads the Australian and New Zealand team's work in consumer and financial behaviour, regulation, and market design. He has conducted dozens of fields and online randomised controlled trials (RCTs), including complex trials delivered remotely in other countries.
Ravi has led over 50 projects applying behavioural insights across a range of policy fields, and advised regulators in Australia, New Zealand, and the UK on the applications of behavioural insights to consumer behaviour and regulation. His previous roles have involved working with ASIC, and the Department of Prime Minister and Cabinet.
Among his roles, he led the UK Financial Capability Lab for six months. He is experienced in the full cycle of behavioural insights projects, including project scoping, and targeting.
Additionally, he specialises in qualitative and quantitative research, randomised control trial (RCT) design and implementation, trial analysis, and the reporting and presentation of results. Ravi holds a Master’s Degree (Business and Managerial Economics) and Bachelor of Arts, Monash University.
Agenda
Registration and Welcome Coffee
Welcome from the Speaker
What you will learn:
- Understanding applied science to make effective decisions
- Why our brains are not wired to deal with competing decision-making
- Applying behavioural science and ethics in the legal and accounting space
- Assessing marketplace dynamics and human behaviour
- Meet your CPD ethic requirements for lawyers, accountant, and advisers professionals
Module One: Quantifying the benefits of behavioural economics
- Moving past traditional economy models to accurately predict human behavior across wide-ranging settings
- Developing a more accurate model to predict human behaviour, beyond the biases
- Assessing what comprises rational or irrational behaviour
Module Two: How decisions are made when facing different choices
- Why an unfathomable number of options are counter-productive
- What is needed to present information in ways that influence decision-making
- Which choices are impacted by consumer perception and available options
Networking and Lunch Break
Module Three: Mapping the future of ethics and behavioural science
- How current and future trends will evolve
- Implications for corporate law, anti-money laundering, privacy and tax
- Preparing for changing market dynamics and deeper understanding of trends
Module Four: Leveraging behavioural insights to improve ethical behaviour and compliance
- Understanding the behavioural psychology of ethics and compliance
- Designing compliance systems with human behaviour at the forefront
- Avoiding behavioural traps when interacting with clients