Professional Ethics for Accountants

4.5 (6)

Thomas Coghlan, MBA

CPE University, LLC

  • CPA
  • TAX PROS

Before starting this self study program, please go through the instructional document.

Overview

  • Ethical Standards for Certified Management Accountants (CMA’s)2 mins
  • IMA Statement on Ethical Professional Practice3 mins
  • Conflicts of Interest: Ethical Behavior versus Legal Behavior13 mins
  • Typical Ethical Dilemmas Accountants Face21 mins
  • Fraudulent Financial Reporting25 mins
  • Cookie Jar Reserves29 mins
  • From C-Suite to Prison42 mins
  • Resolution of Ethical Conflict53 mins
  • Fraud and Collusion61 mins
  • Ethical Versus Legal Behavior85 mins
  • The Foreign Corrupt Practices Act, The Sarbanes-Oxley Act, and Ethics94 mins
  • Ethical Considerations for Organizations126 mins

Course Description

Just like any other profession, the accounting industry professionals also face ethical challenges. This webinar provides an overview of ethical challenges and dilemmas that accountants in industry frequently face. This webinar also provides strategies for dealing with those dilemmas. This webinar draws on several real-world frauds to illustrate the “slippery slope” that often leads to fraudulent behavior. The course also covers the three elements of the “The Fraud Triangle”, providing insight into the conditions that can result in fraud.

Key Subject Areas include:

  • Ethical considerations for accounting professionals.
  • Ethical dilemmas.
  • Examples of fraud.
  • Strategies for dealing with ethical dilemmas.
  • The Fraud Triangle.
  • Differences between legal and ethical behavior.
  • Ethical aspects of the Foreign Corrupt Practices Act (FCPA) and the Sarbanes-Oxley Act (SOX).
  • Ethical considerations for accounting organizations.

This course covers the Professional Ethics material outlined in the content specification outline for the Certified Management Accountant (CMA) Part 2 examination.

Learning Objectives

  • To identify the four standards of the Institute of Management Accountants (IMA) “Statement of Ethical Professional Practice”, competence, confidentiality, integrity, and credibility.
  • To recognize how ethical issues such as manipulation of results, analysis, and budgets can develop.
  • To identify the appropriate course of action for management accountants to take when confronted with an ethical dilemma.
  • To identify the three components of the Fraud Triangle model.
  • To identify the purpose of the Foreign Corrupt Practices Act (FCPA) and the practices it prohibits

Who Should Attend?

  • Accountant
  • CPA - Small Firm
  • CPA - Mid Size Firm
  • Accounting Firm
  • Young CPA
  • CPA in Business
  • Entrepreneurial CPA
  • Accounting Practice Owners
  • Accounts Director
  • Chief Accounting Officer
  • Entrepreneurial Accountant
  • Accounting Managers

Testimonial

4.5

(6)
67%
17%
17%
0%
0%

LP

Great!