Recognize ethical issues and be able to discuss them with your client and your firm.
Increased competition in financial statement audits made public accounting firms more concerned with keeping clients happy and retaining that relationship while maintaining profits. As a result, many accounting firms are doing more with less staff while company management needs to meet bank covenants or bonus promises. In prosperous times it isn't really an issue, but when the company faces a slow period, greed can cross ethical boundaries.
Add to Wishlist
More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Overview
- Overview of Auditor's Role and Why Their Ethics Are Being Questioned
- Accounting Scandals
- Enron, Kmart, Xerox, etc.
- What Are Ethics?
- CPAs Have a Responsibility That Includes Ethical Behavior, Even at the Sacrifice of Financial Gain
- Outside Users of Financial Statements Must Have Confidence in CPA
Framework for a Code of Ethics
- Ethics Regulations of the Modern Era
- Foreign Corrupt Practices Act
- COSO/Sarbanes-Oxley
Ethical Threats (With Real Life Examples of Each)
- Self-Interest
- Inappropriate Influences
- Self-Review
- Poor Evaluation of Judgement
- Advocacy
- Promote Client Where Objectivity Is Compromised
- Familiarity
- Close Relationship
- Intimidation
- Pressure From Client
Add to Wishlist
More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on April 19, 2022.
Call 1-866-352-9540 for further credit information.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
Add to Wishlist
More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Michael J. Stevenson, CPA, CFE, CFF, ABV
Blue & Co., LLC
- Head of Business Valuation and Forensic Accounting at Blue & Co., LLC
- Concentrates time performing litigation advisory services, forensic accounting, and expert witness testimony for matters related to business valuations, damages, lost profits, contract disputes, marital dissolution, quality of earnings analysis, and related matters
- Certified Public Accountant, Certified Fraud Examiner, Certified in Financial Forensics, and Accredited in Business Valuation, with over 30 years of experience and responsibilities in financial and corporate management, primarily in the retail industry
- Has experience in many industries including, but not limited to, retail, food service, distribution, financial services, construction, health care, manufacturing, franchises, insurance, transportation, and e-commerce
- Licenses, memberships, and leadership positions in the American Institute of Certified Public Accountants, Ohio Society of Certified Public Accountants, and Association of Certified Fraud Examiners, and National Kidney Foundation Board of Directors – Regional President, National Board Member
- Master’s degree in accounting, The Ohio State University; B.S.B.A. degree with a concentration in finance, The Ohio State University
Add to Wishlist
More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
All of your training, right here at Lorman.
Pay once and get a full year of unlimited training in any format, any time!
- OnDemand Courses
- Live Webinars
- MP3 Downloads
- Course Manuals
- Executive Reports
- White Papers and Articles
Additional benefits include:
- State Specific Credit Tracker
- All-Access Pass Course Concierge
Questions? Call 877-296-2169 to speak with a real person.
Access to all training products for one year
$699/year
Unlimited Lorman Training
With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!
Easy Registrations
Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.
Invest in Yourself
You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.
