Authors/Editors:
AICPA

ISBN: AICPA29880
Date Published: 1/03

Suggested List Price:  $45.00
Net Bookstore Price:  $36.00

Corporate Ethics for Financial Managers introduces students to the decision-making skills that financial managers and accountants need to comply with today’s increasing financial reporting requirements in a values-driven environment.

This guide offers nine case studies that illustrate real world ethical dilemmas and application of values consistent with the high standards of the profession. The case studies:

• Are drawn, in most instances, from facts reported in actual court cases and disciplinary proceedings involving financial managers and accountants;
• The CPA in decision-making scenarios using "You Are the CFO" and "You Are the Audit Partner" hypotheticals;
• Include analyses that consider various outcomes and a discussion of the courses of action;
• Reference the implementation and design of ethics training strategies and programs found in the appendices

The cases invite students to analyze the fact scenarios and determine how to apply accounting pronouncements and policy statements covering many of today's most important accounting and audit issues like:

• Revenue recognition;
• Critical accounting policies;
• Consolidation of variable interest entities (VIEs);
• Disclosure in management's discussion and analysis (MD&A);
• Market risk;
• Pro forma earnings;
• Transfer payments;
• Loan loss reserves;
• Materiality;
• Related party transactions; and
• Insider trading.