This course delves into the infamous Bernard Madoff Investment Securities LLC fraud to explore the critical importance of ethical conduct in accounting. Through a detailed case study of Friehling & Horowitz CPA’s P.C., the auditing firm involved, participants will examine the application and violation of the AICPA Code of Professional Conduct. The course covers key components of ethical standards, including independence, confidentiality, and acts discreditable, and outlines the ethical safeguards prescribed by the AICPA.

The benefits of this online self-study CPE course extend far beyond academic learning. By exploring this real-world case, participants will gain insights into the practical application and critical importance of ethical standards in the accounting profession. Understanding the consequences of ethical misconduct and the role of the AICPA Joint Ethics Enforcement Program in disciplinary actions equips participants with the knowledge to prevent similar occurrences in their practice. This course is vital for professionals committed to maintaining the highest standards of integrity and professionalism in accounting, ensuring they are well-prepared to navigate ethical challenges in their careers.