ACCT 3850

In this course, students will gain an understanding of the institutional and organizational conditions that lead to fraudulent financial reporting, failure of sound corporate governance practice and finally to share-price collapse in stock markets. Both the causes of these failures and their effects on business communities and society as a whole will be discussed. These issues will be examined through case studies of actual incidents of financial misreporting and stock market fraud that have occurred in a variety of organizations including private and publicly-traded corporations, government, and not-for-profit organizations. Reference will be made to standard ethical theories which will be reviewed. Students are recommended to take PHIL 1122 and BUSN 1320 prior to taking this course.