Ch 32: Accountant Professional Ethics

About This Chapter

Boost your comprehension of professional ethics for accountants using the informative lessons, self-assessment quizzes and practice exam in this chapter. Access these resources anytime and from any location to enhance your preparations for an upcoming test, assignment or project.

Accountant Professional Ethics - Chapter Summary

This chapter simplifies the process of studying ethics in the accounting profession. Review lessons at your leisure to take an in-depth look at concepts that include business ethics, corporate social responsibility and the fraud triangle. Choose lessons you want to examine in any sequence. When finished, you will be able to:

  • Discuss the concept of ethics in contemporary businesses
  • Share details about the Institute of Management Accountants' statement of ethics
  • Identify and describe the three parts of the fraud triangle in business ethics
  • Summarize and discuss cases associated with the Foreign Corrupt Practices Act
  • List the four levels of corporate social responsibility

Expert instructors with a wealth of accounting knowledge present short and engaging lessons you can easily fit into a busy schedule. With each lesson is a mini quiz designed to gauge your comprehension of professional ethics for accountants. The chapter exam provides a broader review of lesson concepts. If you hit a snag while reviewing the lessons and need additional information, feel free to submit your questions to our experts.

5 Lessons in Chapter 32: Accountant Professional Ethics
Test your knowledge with a 30-question chapter practice test
Business Ethics in Contemporary Businesses

1. Business Ethics in Contemporary Businesses

The concept of ethics is easy to give examples of but hard to define. In this lesson, we will discuss ethics and how they apply in the business world, as well as discuss an example of an ethical situation using Enron.

Institute of Management Accountants Statement of Ethics

2. Institute of Management Accountants Statement of Ethics

Being ethical and building ethics into your everyday work is critical for the success of financial professionals. In this lesson, you'll learn more about the IMA's Statement of Ethics and guidelines for its implementation.

The Fraud Triangle & Business Ethics: Parts & Application

3. The Fraud Triangle & Business Ethics: Parts & Application

Individuals commit fraud for a number of different reasons. In this lesson, you will learn about the different kinds of fraud, and the factors that explain why individuals commit it.

What Is the Foreign Corrupt Practices Act? - Summary & Cases

4. What Is the Foreign Corrupt Practices Act? - Summary & Cases

This lesson covers the Foreign Corrupt Practices Act. In this lesson, we'll take a look at the definition of the Act and what happens when a company violates it. We'll also review some real life examples of violations.

The Levels of Corporate Social Responsibility

5. The Levels of Corporate Social Responsibility

Most companies do not start as socially-responsible companies. In fact, the path to embracing corporate social responsibility consists of four different levels that companies progress through that will benefit their stakeholders.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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