Accounting Ethics And Professional Regulations –

acc375

(3 credits)

This is an introductory course in ethics, providing a foundation in the nature of ethics, moral, legal, and social issues in the accounting and business environments. The course includes ethical reasoning, dealing with controversial issues, and the roles and responsibilities of accounting and auditing professionals. Topics will include a discussion of the AICPA Code of Professional Conduct and the Sarbanes-Oxley Act.

This undergraduate-level course is weeks. To enroll, speak with an Enrollment Advisor.

Topics and Objectives

Establishing Ethical Business Practices
- Explain the role ethics plays in company goals.
- Describe the relationship between an organization's ethical code of conduct and its reputation and culture.
- Explain the ethical challenges presented in the different business cycles, including the revenue and collection, acquisition and expenditure, and production cycles.
Ethics and the Accounting Profession
- Distinguish the differences among governing organizations, such as the Financial Accounting Standards Board (FASB), Securities and Exchange Commission (SEC), and Public Company Accounting Oversight Board (PCAOB).
- Describe the effect of the AICPA Code of Professional Conduct on the accounting profession.
- Examine current accounting regulations, specifically the Sarbanes-Oxley Act.
Ethics in the Business Environment
- Distinguish between ethical theory and business practices.
- Analyze the legal consequences associated with ethical choices.
- Recognize the most common accounting fraud schemes, including skimming, cash larceny, and billing schemes.
Risks of Unethical Behavior in Business
- Explain the motives behind unethical behavior.
- Identify the methods used to mitigate unethical behavior in the workplace.
- Recognize common accounting fraud schemes, including check tampering, payroll schemes, and expense reimbursement schemes.
Understanding Ethics
- Identify major ethical philosophies.
- Describe the moral, social and legal applications of ethics in business.

The University of Phoenix reserves the right to modify courses.
While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Advisor.
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.

Accounting Ethics And Professional Regulations –

acc375

Establishing Ethical Business Practices

Ethics and the Accounting Profession

Ethics in the Business Environment

Risks of Unethical Behavior in Business

Understanding Ethics

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