OasisLMS

Addressing ethical dilemmas

Competing values and interests often result in ethical dilemmas. Finding solutions often requires thoughtful analysis. You’ll review ways to navigate the gray areas and to determine the best possible answer to ethical questions by examining topics, such as:

• The AICPA Code of Professional Conduct’s structure
• Rules and interpretations
• The ethical decision-making model
• The conceptual framework approach

Applying key concepts

You’ll apply the concepts you learn to short case studies that will help you practice implementing the ethical decision-making model and conceptual framework to solve ethical dilemmas.

Learning Outcomes

• Recall the steps involved in analyzing ethical matters.
• Recognize the structure and content of the AICPA code, including its underlying principles.
• Recall AICPA ethics rules and interpretations on integrity, objectivity, confidentiality, advertising, and accounting principles.
• Recall the obligations to exercise due professional care, comply with professional standards, and competently perform professional services.
• Recall AICPA interpretations on discreditable acts and ethical conflicts.
• Recall the conceptual framework approach embedded in the AICPA code.

Key Topics

• The AICPA Code of Professional Conduct’s structure
• Underlying principles of the code
• Rules and interpretations
• The ethical decision-making model
• The conceptual framework approach

Who Will Benefit

• Professionals considering focusing on valuation as a career
• Professionals in business and industry, particularly within corporate finance, seeking to increase their technical expertise in valuation
• Professionals working in public accounting or consulting firms, or both, involved in valuations related to mergers and acquisitions, litigation, fair value, and other business interests
• Professionals preparing for the Accredited in Business Valuation (ABV) credential exam