This session is the third in a series of four. Our session takes a unique approach to discuss ethics in the accounting profession. We focus on the most critical, and often the most neglected, element of ethical decision-making, THE INDIVIDUAL. This session is designed to help the participant 1) learn about the defensive psychological processes (i.e., Rationalization and Social Desirability biases) that impede the ethical decision making process and 2) to build Moral Courage and Moral Resiliency which both enhance the ethical decision making process – collectively, these two very different approaches help to create strong ethical decision makers. During the session we review the ethical decision making process how the brain morally matures and the biggest myths associated with ethical decision making. Primary focus is then given to self-destructive thinking (which impedes ethical decision making) and is practiced by using accounting related case studies. The course content is later synthesized with the guiding principles of the Accounting profession. Additionally, the session provides the participant an overview of the current state of ethics in Corporate America to serve as a benchmark for both personal and organizational development.
Review the Ethical Decision Making process, moral cognitive development, and the most common myths associated with ethical decision making.
Become aware of counter-productive psychological processes that impede the ethical decision making process.
Recognize the biases that we all fall victim to when confronted with a moral dilemma.
Develop moral courage which helps stand up in accordance to one’s moral compass even in the face of adversity so that ethical behavior actually occurs.
Develop moral resiliency which helps bounce back from adversity and tough situations so that moral behavior is continued .
Apply ethical decision making principles and moral intelligence to multiple case studies.
Update regarding the ethical state of Corporate America.
Synthesize the psychological processes with the AICPA code of conduct.