Course DescriptionThis course explores ethics and professional responsibility in the accounting profession. Students investigate and analyze case studies regarding ethical situations and issues confronted by the accounting profession.
After completing the course students will be able to:
- Define an integrated framework built on ethical reasoning based upon the AICPA Code of Professional Conduct, IMA Statement of Ethical Professional Practice, and IIA Code of Ethics
- Highlight the importance of adhering to Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Standards (GAAS), including auditors’ responsibility for fraud
- Examine the elements of the financial reporting system that dictate whether ethical decisions will be made in business and accounting
PrerequisitesBecause fundamental concepts are covered in Accountants' Professional Responsibilities: Professional Conduct (ECON X430.32), it is highly recommended that students take ECON X430.32 before taking Accountants' Professional Responsibilities: Regulatory Obligations (ECON X430.33).
Applies Towards the Following Certificates
- Strategic Business : Core Courses