Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
The downfall of Elizabeth Holmes, founder of Theranos, has been told in many formats (books, podcasts, television). However, the story of Theranos, the company, the employees and other stakeholders have not been examined in-depth, especially from the perspective of ethical decision-making and organizational culture.
In this on-demand course, we will explore the Theranos fraud and key stakeholders using IESBA's (International Ethics Standards Board for Accountants) five fundamental principles of ethics as the framework for our investigation:
- Integrity
- Objectivity
- Professional competence and due care
- Confidentiality
- Professional Behaviour
We will also examine how a lack of psychological safety and a toxic organizational culture compromised the ethical decision-making process of numerous stakeholders.
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Key Takeaways
By the end of the course, participants will be able to:
- Define IESBA's five fundamental principles of ethics.
- Summarize the key events and dates of the Theranos fraud.
- Identify the key stakeholders of Theranos.
- Illustrate what when wrong with Theranos using each of the five fundamental principles of ethics.
- Explain how low psychological safety and a toxic organizational culture contributed to the fraud and poor ethical decision making.
Who Will Benefit
The course is designed for CPAs and professionals looking to understand what can go wrong if our fundamental principles of ethics are threatened by low psychological safety and a toxic organizational culture.
Disclaimer
The views expressed in the course are non-authoritative and have not been formally endorsed by CPA Ontario and do not reflect the views of CPA Ontario. The information included in the course is for general information purposes only.
CPA Ontario, the presenters and the authors do not accept any responsibility or liability that might occur directly or indirectly as a consequence of the use or application of or reliance on this material.
How to Access the Course
This is an online session. This course is available 24 hours a day, 7 days a week. Once registered, you can access the material at any time.
However, you will only have access to the course for 90 days after REGISTRATION.
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To access the course on your computer please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.
Please allow up to 15 minutes after registration for the course to appear on your BlackBoard page.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Garth Sheriff, CPA, CA, CPA, CIA, CGMA, MAcc, is the founder of Sheriff Consulting (sheriffconsulting.com). Sheriff Consulting provides continuing professional development (CPD) courses in the areas of leadership, communication, and assurance. Garth has worked as an assurance professional and learning provider for over 20 years. Garth has also acted in various stage and film productions. He is a graduate in improvisation from The Second City and a member of ACTRA (the Alliance of Canadian Cinema, Television and Radio Artists).