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Ethics in Financial Reporting: Maintaining Integrity and Transparency

Ethics in Financial Reporting: Maintaining Integrity and Transparency

This training aims to provide participants with an in-depth understanding of the ethical standards in financial reporting, the importance of maintaining integrity, and the need for transparency in financial statements.

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Responsible Administrator
Last Update 08/14/2024
Completion Time 3 hours 30 minutes
Members 1
  • Introduction to Ethics in Financial Reporting
    3Lessons · 45 min
    • Definition and importance of ethics in financial reporting
    • Historical context and evolution of ethical standards
    • Key principles and values in ethical financial reporting
  • Regulatory Frameworks and Standards
    4Lessons · 1 hr
    • Overview of international financial reporting standards (IFRS)
    • Role of the Financial Accounting Standards Board (FASB)
    • Compliance with Sarbanes-Oxley Act (SOX)
    • Implications of GAAP (Generally Accepted Accounting Principles)
  • Maintaining Integrity and Transparency
    4Lessons · 1 hr
    • Methods for ensuring accuracy and completeness in financial reports
    • Preventing and detecting fraudulent activities
    • Role of audits and internal controls
    • Best practices for promoting transparency
  • Ethical Dilemmas and Case Studies
    3Lessons · 45 min
    • Common ethical dilemmas and how to address them
    • Case studies of financial reporting failures and lessons learned
    • Strategies for ethical decision-making