Financial Reporting Ethics: Tools and Mastery - Part 1 3.0 CPE

Welcome to “Financial Reporting Ethics: Tools & Mastery, Part 1” - your gateway to mastering the practical side of ethical financial reporting. This course doesn’t just teach ethics; it empowers you with practical tools and clear, step-by-step frameworks you’ll use immediately to make confident decisions in complex, real-world situations.

You’ll learn how to quickly spot subtle ethical risks, especially around revenue recognition, and proactively respond using structured, actionable methods. Additionally, we specifically address how to recognize and manage intense pressures—such as last-minute demands from senior leadership or meeting targets—and demonstrate exactly how to handle these tough scenarios ethically through a realistic case study.

By exploring actual cases like Under Armour’s revenue acceleration, you’ll see firsthand how ethical lapses occur, and how proactive vigilance protects your career and your organization. Unique to this course are five downloadable resources designed specifically for finance professionals:

• Under Pressure? – Rapid Decision Tree
• Revenue Recognition Red-Flag Quick Guide and Your Action
• Bullet-Proof Ethical Reporting Checklist
• Estimates Red-Flag Quick Guide and Your Action
• Go International – Framework Emphasis by Jurisdiction

Mastering financial reporting ethics isn’t just about compliance—it’s about building trust, enhancing your professional credibility, and protecting your organization’s reputation. Join us to strengthen your ethical foundation and elevate your role as a principled financial leader.

This course is a part of Financial Reporting Ethics: Tools and Mastery Series:

1. Financial Reporting Ethics: Tools and Mastery - Part 1
   
2. Financial Reporting Ethics: Tools and Mastery - Part 2
   

• Financial Reporting Ethics: Tools and Mastery (Text Based Course)
  

Course Key Concepts: Ethics, Revenue Recognition, Financial Statements, Reporting, US GAAP, IFRS, ASC 606, IFRS 15, AICPA, IESBA, Bonus, Series, Mastery, Video.

Prerequisites

No advanced preparation or prerequisites are required for this course.

Learning Objective

• Proactively identify ethical issues in financial reporting (before they escalate into significant risks).
• Identify and confidently navigate ethical dilemmas under intense pressure (using structured decision-making checklist).
• Discover and effectively apply key ethical principles (integrity, objectivity, competence, confidentiality, professional behavior).
• Discover and detect and respond to ethical red flags in revenue recognition (applying ASC 606 / IFRS 15 principles).
• Explore and implement practical, actionable tools (decision trees, checklists, and jurisdictional comparisons).

Last updated/reviewed: July 21, 2025