Businesses’ accounting practices are under heightened scrutiny following corporate scandals in recent years. Accountants have a legal and ethical responsibility to follow the law and standard accounting practices as they document their companies’ finances. The course is an introductory level course in ethics, focusing on the types of situations that pose ethical problems in business. An attempt will be made to help the student develop an ethical framework which will allow the student to address ethical issues in the business world. Current trends in accounting ethics, including Sarbanes-Oxley regulations and the ethical requirements for certified public accountants are emphasized.
Explain how the Sarbanes-Oxley Act is designed to prevent unethical accounting practices.
The Ethical Accounting Professional
Apply philosophical approaches to ethical decision-making situations.
Making Ethical Decisions Part II
Apply philosophical approaches to ethical decision-making situations.
Making Ethical Decisions, Part I
Identify how accounting professionals contribute to ethical corporate decision making.
Stakeholder Impact Analysis, Part II
Analyze the impact of ethical decisions on stakeholders.
Stakeholder Impact Analysis, Part I
Describe stakeholder impact analysis as a way of evaluating ethical decisions.
Approaches to Ethical Decision Making
Critique philosophical approaches to ethical decision making when they are applied to ethical situations.
Compare and contrast philosophical approaches to ethical decision making.
The Enron and WorldCom Scandals
Analyze the unethical practices that led to the Enron and WorldCom scandals.
Identify unethical practices of Arthur Andersen that contributed to the Enron scandal.
Ethics in Accouting Profession
Justify the importance of ethical accounting practice.
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Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.