Please join us for the Chicago Chapter: IMA Facilitator-led Ethics Workshop: The Power of Trust on April 25, 2024 at 12:00 PM CDT
This workshop looks at how trust impacts and is an important component of ethical standards. The workshop is based on two (2) IMA Educational Case Journal (IECJ®) case studies, “NTW Co.: Recognizing and Solving Ethical Dilemmas” and “Small Businesses and Trust; A Payroll Embezzlement Case,” as well as the IMA Statement of Ethical Professional Practice. The workshop begins with the fundamentals of defining trust, examining the Barrett Trust Matrix, identifying the elements of a culture of trust, and reviewing the six principles of internal control and GAAP principles. The first case study shows how trust can be broken even when the management accountant involved has done what he is supposed to do. The second case study involves a small, well-established, family business that realizes the negative consequences when they place too much trust in an employee. Competency domain supports: Professional Ethics & Values.
Learning Objectives:
After this session, you will be able to:
- Define trust in an organization and what compromises trust.
- Examine potential courses of action when seeking to resolve an ethical dilemma.
- Identify the downstream consequences of broken trust in an organization.
- List internal controls that reinforce trust and help mitigate risk.
- Apply the IMA Statement of Ethical Professional Practice to ethical dilemmas where trust has been compromised.
CPE Credit: 1.5 NASBA CPE credits
Delivery Method: Group-Internet
Field of Study: Behavioral Ethics
Level: 1 - 3 years Professional Experience
Prerequisites/Advanced Preparation: Download Participant Materials
Speaker: Steve Ingram
Steve Ingram is a Senior Project Management Consultant with Integrated Project Management Company (IPM). IPM is a consulting firm that advises on and executes complex and strategic initiatives for clients in the life science, healthcare, consumer and industrial product industries. Steve has over 35 years of professional experience and has managed projects and consulted with clients in the U.S. and abroad. He has a Bachelor of Science Degree in Computer Engineering from the University of Illinois – Champaign and is a certified project management professional with the Project Management Institute (PMI).
For more information about IMA official NASBA sponsor, refund/cancellation policy, and complaint resolution policy, please click here: IMA CPE Info
Registration is mandatory to participate. To ensure accurate CPE reporting, please provide your correct IMA member number as listed in your IMA membership profile. Your first and last name should also be as per your IMA profile. If any details are incorrect this could delay your CPE credits being reported to your transcript and error with your certificate of attendance.
Non-IMA members, put "N/A" in Member number field.