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Courses/Ethics/Ethics for Accountants

Responding to Ethical Dilemmas

Responding to Ethical Dilemmas in the Accounting Profession

Created byKnowledge Group
4.5
(35 reviews)
BeginnerUpdated Jul 27, 2023
Responding to Ethical Dilemmas

What You'll Learn

check_circleUnderstand the fundamental concepts of ethics and compliance, including their differences and significance in organizational settings.
check_circleGain insights into the importance of establishing a strong “tone at the top” and its influence on promoting ethical behavior throughout an organization.
check_circleExplore practical strategies for ethical decision-making, including addressing biases and managing anxiety.
check_circleUnderstand regulatory standards and how to build and maintain effective compliance programs.

About This Course

Accountants are often faced with situations that challenge their ethical principles and standards. Failure to respond to these situations appropriately can lead to severe consequences, such as legal and reputational damage. Hence, accountants must be equipped with the necessary skills and strategies to identify and respond to ethical dilemmas effectively.

Join esteemed corporate counsel Judy L. Woods (Krieg DeVault LLP) and accomplished compliance practitioner Marc Y. Tassé, MBA, FCPA, FCA, CFF (Telfer School of Management, University of Ottawa) as they provide a comprehensive guide to responding to ethical dilemmas in accounting. Speakers will also discuss ethical decision-making frameworks and offer effective strategies for addressing issues.


Topics List:
  • Ethics vs. Compliance in the Accounting Profession
  • The Importance of Organizational Ethics and Culture
  • Tone at the Top and Its Role in Mitigating Risk
  • Ethical Decision-Making Frameworks
  • AICPA Code of Professional Conduct
  • Evaluating Risk and Stakeholder Impact
  • Seven-Step Approach to Ethical Decisions
  • Decision-Making Tests: Harm, Publicity, Defensibility, and More
  • Individual Responsibility and Risk Tolerance
  • Compliance Program Essentials: Prevention, Detection, Correction, and Training
  • Investigating and Responding to Ethical Violations
  • Ethical Biases and Decision-Making Under Pressure
  • Professional Standards and Regulatory Bodies
  • Practical Case Applications in Ethics
  • Cultural Tolerance and Leadership Accountability

Your Instructors

Knowledge Group
Knowledge Group

Live and Recorded CLE & CPE Webcasts in the Legal, Tax, Finance, Risk, Compliance and Human Resources Industries

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Founded in November 2006, The Knowledge Group has established itself as a premier eLearning hub for Continuing Legal Education (CLE), Continuing Professional Education (CPE), and technology-focused webcasts. We equip lawyers, accountants, and industry professionals with expert-driven insights, timely regulatory updates, and practical strategies to help them stay ahead in an ever-evolving landscape.

Judy L.  Woods
Judy L. Woods

Of Counsel at Krieg DeVault LLP

Judy L. Woods is a member of Krieg DeVault, LLP’s Litigation Group and serves on the firm’s Professional Standards Committee. She focuses on complex commercial and “bet the company” litigation, including antitrust, class actions, shareholder and corporate governance disputes, international, finance, and business disputes, False Claim Act, fraud, RICO, and other business disputes. Prior to her entry into private law practice, Ms. Woods was employed as a strategic planning officer for a large national bank where she worked on bank mergers and acquisitions as well as strategic planning for all bank departments. Ms. Woods also worked for a private accounting firm, supervising fraud and abuse and compliance audit teams, particularly for organizations with Department of Labor contracts.

Marc Y. Tassé
Marc Y. Tassé

Strategic Advisor on Governance, Ethics and Financial Crime, Telfer School of Management, University of Ottawa

Marc Y. Tassé, MBA, FCPA, FCA, CFF, Strategic Advisor on Governance, Ethics and Financial Crime Telfer School of Management, University of Ottawa Mr. Tassé is an investigative and forensic accountant who has experience investigating and advising companies on alleged corruption, fraud, financial misconduct, and breach of fiduciary duty. As an Anti-Corruption Ethics and Compliance expert, he provides services as Independent Corporate Monitor and Independent Corporate Auditor. An award-winning lecturer in the MBA program at the Telfer School of Management and in the Common Law Section at the University of Ottawa’s Faculty of Law, his current research focuses on the actual and potential effects of allegations of corruption and improper financial reporting on publicly traded companies’ market capitalization.

Credit Information

Do these courses count toward my professional development requirements?

This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.

If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.

What Students Are Saying

4.5
Student's Choice
35 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.