ACC 5250 - Accounting Ethics & Detecting Financial Crimes

Credits: 4

This course, through the use of cases, current event research, and extensive discussion, covers a variety of ethical topics that are critical to accounting professionals. It examines white collar crimes in various facets of the accounting industry from issues in reporting in areas of auditing and taxation, to embezzlement and fraud. Topics include: the importance of identifying ethical dilemmas and applying sound ethical decision making, corporate governance and the role it plays in mitigating and resolving ethical issues, fraudulent financial reporting, the AICPA Code of Professional Conduct and the role of public accounting and the impact of ethical decisions on shareholders and stakeholders. It also integrates select federal tax crimes found in United States Code (U.S.C.) Title 26, including U.S.C. § 7201 (Tax Evasion) and U.S.C. § 7206(1) (False Return) and covers the legal, evidentiary and procedural challenges presented in the investigation and prosecution of tax and other white collar crimes.