Professional Ethics for Accountants

Earn 2 CPE Credits!

Price $89
OR

All of our materials/exams are NASBA and the AICPA approved the revisions to the Statement on Standards for Continuing Professional Education (CPE) Programs (Standards).

Your Exam purchase includes

  • Course materials (video & PDF version)
  • Unlimited attempts to complete exam
  • Instant grading & certificate of completion
  • One year access to complete your CPE
  • Instructor discussion forum



Overview

This course provides an overview of ethical challenges and dilemmas that accountants in industry frequently face and provides strategies for dealing with those dilemmas. The course 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. This course covers the Professional Ethics material outlined in the content specification outline for the Certified Management Accountant (CMA) Part 2 examination. Topics 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.

  • Explore the four standards of the Institute of Management Accountants (IMA) “Statement of Ethical Professional Practice”, competence, confidentiality, integrity, and credibility.
  • Recognize how ethical issues such as manipulation of results, analysis, and budgets can develop.
  • Identify the appropriate course of action for management accountants to take when confronted with an ethical dilemma.
  • Identify the three components of the Fraud Triangle model.
  • Identify the purpose of the Foreign Corrupt Practices Act (FCPA) and the practices it prohibits
  • Identify the requirements of Sarbanes-Oxley Act (SOX) Section 406, Code of Ethics for Senior Financial Officers.
  • Distinguish between ethical behavior and legal compliance.
  • Identify the key elements of a conflict of interest provision.
  • Explain the importance of ethical codes of conduct for organizations.
  • None
  • None
  • Basic
  • 103648