Ethics Is Everyone’s Business: The Cost of Looking the Other Way
1.00 Credits
Member Price $39
Non-Member Price $59
Overview
As responsible, licensed professionals, we cannot ‘look the other way.’ We have a duty to the public, and that responsibility is crystal clear. "All that is necessary for evil to triumph is for good men to do nothing" is attributed to Edmund Burke. We must take appropriate actions and stand for what is right.
Looking the other way has a cost, and that cost is high. Sometimes doing the right thing is difficult, but not doing the right thing has an even higher penalty. What can we do to remain ethical? Ethics is not a single event, being ethical is the best and only way we should live. We must proactively engage in society to combat evil and promote good.
Highlights
- What are the pros and cons of ‘looking the other way’?
- The costs of ‘looking the other way’.
- What should we do when we do see something that is unethical?
- What should we not do?
Prerequisites
At least six (6) months of professional financial statement analysis experience and/or at least six (6) months of professional experience in preparing or reviewing accounting processes and reports; experience working with internal clients or external clie
Designed For
All business professionals
Objectives
- To identify common ethical risks related to doing nothing
- To remind participants of their on-going duty to the public
Preparation
None
Leader(s):
Leader Bios
Bob Mims, ACPEN Business Professionals Network
Bob Mims, CPA, is a financial consultant and VP Finance for promising enterprises. For 20 years, Robert has worked with numerous startup ventures and nonprofits in the roles of Strategic Planning, Business Modeling, Controller and CFO. His focus is understanding the fundamentals of profitability. Robert worked ten years as a Big Four Senior Assurance Manager, earning National Instructor of the Year on three occasions. Robert has served on FASB Advisory committees and is based in Memphis, TN.
Don Minges, MBA, CPA Crossings Webinars
Don Minges, MBA, is a fractional CFO who worked in diverse industries at various development stages. He has experience in profitability enhancement, strategic planning, venture capital, mergers & acquisitions, consulting, turnarounds, economic forecasting, cost accounting and financial analysis. Don has experience raising equity for several growing firms and has invested equity capital into promising businesses. He has served on the Board of Directors for many firms. He graduated with highest honors from the Fuqua School of Business at Duke.
Non-Member Price $59
Member Price $39