Financial Reporting Ethics: Tools and Mastery, Part 1 (Video) (Course Id 2559)

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.

Video - NASBA QAS - NASBA Registry - 2559

Course Learning Objectives

1. Identify and analyze potential ethical issues in financial reporting before they escalate into significant risks
2. Apply structured decision-making frameworks to navigate ethical dilemmas under time pressure and leadership influence
3. Implement the five core ethical principles: integrity, objectivity, competence, confidentiality, and professional behavior
4. Evaluate revenue recognition practices for ethical compliance under ASC 606 and IFRS 15
5. Detect and respond to revenue recognition red flags using systematic assessment tools
6. Apply practical decision trees and checklists to strengthen ethical financial reporting processes
7. Analyze real-world cases like Under Armour to identify early warning signs of ethical lapses
8. Develop effective responses to ethical pressure from senior leadership while maintaining professional standards
9. Implement preventive measures to avoid common ethical pitfalls in financial reporting
10. Create and maintain documentation that supports ethical revenue recognition practices
11. Assess the impact of timing and performance pressure on revenue recognition decisions
12. Apply jurisdiction-specific ethical considerations while maintaining consistent global standards

Section 1 - Foundations of Ethical Financial Reporting

Section 1 Review Questions

Section 2 - Navigating Ethical Dilemmas Under Pressure

Section 2 Review Questions

Section 3 - Ethical Challenges in Revenue Recognition

Section 3 Review Questions

Glossary