Today’s ethical challenges
Today’s rapidly changing environment presents new ethical challenges and questions when it comes to technology and digital advancements. That’s why the importance of cultivating an ethical mindset is more important than ever.
The conceptual framework employs a threats and safeguards approach to navigate ethical dilemmas. With real-life examples and discussions, this framework effectively addresses ethical challenges that may arise when the AICPA Code of Professional Conduct and CIMA Code of Ethics (the codes) do not provide explicit guidance.
You’ll acquire the essential skills to:
- Navigate the complexities of ethical decision-making
- Effectively handle gray areas
- Prioritize ethical conduct
- Strike a balance between meeting client or employer
expectations and acting in the public interest
- Make informed choices and ensure ethical behavior in an evolving digital landscape
By integrating the conceptual framework approach, foundational principles of the codes and the use of professional judgment, this course equips individuals with the knowledge and tools to make sound ethical decisions.
This course is part of the Transformative Skills Pack, designed to help members progress in their careers while adding value to their employers and clients through the development of six mindsets:
- Strategic thinking
- Sustainability
- Digital
- Diversity, equity, and inclusion
- Creative thinking
- Ethics
Each mindset comprises a thought leadership report and a course offering CPE/CPD.
Note: Many states do not accept this course to meet the ethics requirement for earning or maintaining a CPA license. Please contact your state board to determine which Ethics course is required for your license.
Key Topics
- Conceptual framework approach to ethical
decision-making
- Foundational principles of the AICPA Code of
Professional Conduct and the CIMA Code of Ethics
- Use of professional judgment when applying the conceptual framework approach
-Ethical decision-making when the codes do not provide specific guidance
Learning Outcomes
- Identify the foundational principles of the AICPA
Code of Professional Conduct and CIMA Code of Ethics.
- Distinguish the role of professional judgment when
encountering an ethical dilemma.
- Identify the steps of the conceptual framework
approach.
- Apply the conceptual framework approach to emerging issues not directly addressed in the AICPA Code of Professional Conduct and CIMA Code of Ethics.
Who Will Benefit
- AICPA & CIMA members who want to future-proof
their career
- Global accounting and finance professionals
- Management accountants
- Controllers
- Finance directors
- Finance vice presidents
- CFOs
- CPAs