Business ethics
Budget: $30 – $250 USD
The final project for this course is a case study in which students will select a recent real-world accounting ethics case from the last 5 years, involving earnings
mismanagement, fraud, poor internal controls, or poor corporate governance. From the perspective of an accounting professional, each student will analyze
responsibilities to stakeholders while considering theoretical models of ethical behavior, the AICPA Code of Professional Conduct, emerging technologies,
regulatory activities, and (if applicable) international accounting standards.
Overview
Unfortunately, there is no shortage of examples of unethical situations and ethics violations within corporations. Some cases produce wide-ranging and
devastating effects on all parties involved. Whether it is reduced investor confidence, reductions in a company’s credit rating, or even bankruptcy, these
situations are important to analyze in order to determine effective strategy for avoiding ethical obstacles in the future.
You are encouraged to put yourself in the place of both the involved employees as well as the stakeholders. You are encouraged to select a significant case that
is personally interesting and/or relevant to you professionally.
This assessment will evaluate your mastery with respect to the following course outcomes:
Analyze legal, social, and economic developments for their defining role in ethical expectations of the business and accounting profession
Assess the ethical responsibilities of professional accountants to internal and external stakeholders relating to the financial reporting process
Apply theoretical models of ethical behavior to contemporary accounting issues
Evaluate emerging technologies, regulatory activities, and international accounting standard setting for their impact on the ethical behavior of
accounting professionals
Develop an ethical framework for setting appropriate standards of conduct for stakeholders in the accounting process
mismanagement, fraud, poor internal controls, or poor corporate governance. From the perspective of an accounting professional, each student will analyze
responsibilities to stakeholders while considering theoretical models of ethical behavior, the AICPA Code of Professional Conduct, emerging technologies,
regulatory activities, and (if applicable) international accounting standards.
Overview
Unfortunately, there is no shortage of examples of unethical situations and ethics violations within corporations. Some cases produce wide-ranging and
devastating effects on all parties involved. Whether it is reduced investor confidence, reductions in a company’s credit rating, or even bankruptcy, these
situations are important to analyze in order to determine effective strategy for avoiding ethical obstacles in the future.
You are encouraged to put yourself in the place of both the involved employees as well as the stakeholders. You are encouraged to select a significant case that
is personally interesting and/or relevant to you professionally.
This assessment will evaluate your mastery with respect to the following course outcomes:
Analyze legal, social, and economic developments for their defining role in ethical expectations of the business and accounting profession
Assess the ethical responsibilities of professional accountants to internal and external stakeholders relating to the financial reporting process
Apply theoretical models of ethical behavior to contemporary accounting issues
Evaluate emerging technologies, regulatory activities, and international accounting standard setting for their impact on the ethical behavior of
accounting professionals
Develop an ethical framework for setting appropriate standards of conduct for stakeholders in the accounting process