{"id":133313,"date":"2024-10-30t09:00:59","date_gmt":"2024-10-30t13:00:59","guid":{"rendered":"\/\/www.g005e.com\/?p=133313"},"modified":"2024-10-30t17:39:13","modified_gmt":"2024-10-30t21:39:13","slug":"beyond-the-basics-in-ethics-education-accounting-arc","status":"publish","type":"post","link":"\/\/www.g005e.com\/2024\/10\/30\/beyond-the-basics-in-ethics-education-accounting-arc\/","title":{"rendered":"beyond the basics in ethics education | accounting arc"},"content":{"rendered":"<p><strong><span class=\"normaltextrun scxw111284284 bcx8\">\u201c<\/span><span class=\"normaltextrun scxw111284284 bcx8\">the difficulty isn\u2019t identifying the ethical <\/span><span class=\"normaltextrun scxw111284284 bcx8\">decision;<\/span><span class=\"normaltextrun scxw111284284 bcx8\"> it\u2019s making the right choice with difficult implications.&#8221;<\/span><\/strong><\/p>\n<div style=\"padding: 56.25% 0 0 0; position: relative;\"><iframe style=\"position: absolute; top: 0; left: 0; width: 100%; height: 100%;\" title=\"revolutionizing ethics education in accounting: expanding beyond the basics | accounting arc\" src=\"https:\/\/player.vimeo.com\/video\/1017699707?h=23eee73934&amp;autoplay=1&amp;&amp;muted=1&amp;loop=1&amp;autopause=0&amp;player_id=0&amp;app_id=58479\" frameborder=\"0\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_selres_start\">?<\/span><\/iframe><\/div>\n<h6 style=\"text-align: center;\"><\/h6>\n<p><iframe loading=\"lazy\" style=\"border: none; height: 205px; width: 100%;\" src=\"https:\/\/www.podomatic.com\/embed\/v2\/podcast\/5781641?episode_id=10811395&amp;theme=light\" width=\"100%\" height=\"205\" frameborder=\"0\"><\/iframe><strong><em>accounting arc<\/em><\/strong><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-124755\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2024\/04\/accounting-arc-with-28-pt-caption-e1714354933988.png\" alt=\"\" width=\"330\" height=\"160\" srcset=\"\/\/www.g005e.com\/wp-content\/uploads\/2024\/04\/accounting-arc-with-28-pt-caption-e1714354933988.png 1600w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/04\/accounting-arc-with-28-pt-caption-e1714354933988-424x206.png 424w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/04\/accounting-arc-with-28-pt-caption-e1714354933988-849x412.png 849w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/04\/accounting-arc-with-28-pt-caption-e1714354933988-768x372.png 768w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/04\/accounting-arc-with-28-pt-caption-e1714354933988-1536x745.png 1536w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/04\/accounting-arc-with-28-pt-caption-e1714354933988-300x146.png 300w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/04\/accounting-arc-with-28-pt-caption-e1714354933988-600x291.png 600w\" sizes=\"(max-width: 330px) 100vw, 330px\" \/><em><i><br \/>\n<\/i><\/em><em><i>with liz mason, byron patrick, and donny shimamoto.<\/i><br \/>\n<a href=\"https:\/\/improvetheworld.net\/contact\/\">center for accounting transformation<\/a><\/em><\/p>\n<p><span class=\"textrun scxw74341706 bcx8\" lang=\"en-us\" xml:lang=\"en-us\" data-contrast=\"auto\"><span class=\"normaltextrun scxw74341706 bcx8\">accounting ethics training needs a major reboot, according to the latest episode of accounting arc. while traditional ethics training often feels like a check-the-box exercise, hosts <\/span><span class=\"normaltextrun scxw74341706 bcx8\">liz mason, <\/span><span class=\"normaltextrun scxw74341706 bcx8\">byron patrick<\/span><span class=\"normaltextrun scxw74341706 bcx8\">, <\/span><span class=\"normaltextrun scxw74341706 bcx8\">\u00a0and donny shimamoto <\/span><span class=\"normaltextrun scxw74341706 bcx8\">argue the profession must move toward a more engaging and comprehensive approach.<\/span><\/span><span class=\"eop scxw74341706 bcx8\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<blockquote><p><strong>more accounting arc:<\/strong> <a href=\"\/\/www.g005e.com\/2024\/09\/25\/leadership-for-the-future-stakeholders-sustainability-and-strategic-vision-accounting-arc\/\">leadership for the future: stakeholders, sustainability, and strategic vision<\/a> |\u00a0<a href=\"\/\/www.g005e.com\/2024\/09\/11\/in-person-conferences-still-crucial-for-accounting-professionals-accounting-arc\/\">in-person conferences still essential<\/a> | <a href=\"\/\/www.g005e.com\/2024\/09\/04\/donny-shimamoto-non-accountants-in-accounting-a-game-changer-for-the-profession-accounting-arc\/\">non-accountants in accounting: a game-changer for the profession<\/a> |\u00a0<a href=\"\/\/www.g005e.com\/2024\/08\/28\/accounting-arc-with-donny-shimamoto-center-for-accounting-transformation-rubik-yeriazarian-smaller-firms-offer-big-opportunities-for-rapid-skill-development-in-forensic-accounting-accounting-arc\/?_rt=m3wxfczxdw90o2fjy291bnrpbmcgyxjjjnf1b3q7fde3mju0odm3mtc&amp;_rt_nonce=3679df6ed9\">rubik yeriazarian: smaller firms offer big opportunities for rapid skill development in forensic accounting | accounting arc\u00a0<\/a>| <a href=\"\/\/www.g005e.com\/2024\/08\/21\/ai-will-steal-your-job-and-thats-a-good-thing-accounting-arc\/?_rt=nhwxfczxdw90o2fjy291bnrpbmcgyxjjjnf1b3q7fde3mju0odm3mtc&amp;_rt_nonce=96b295a5d6\">ai will steal your job. and that\u2019s a good thing | accounting arc<\/a> | <a href=\"\/\/www.g005e.com\/2024\/08\/14\/the-right-kind-of-lazy-innovative-approaches-to-streamlining-workflows-accounting-arc\/?_rt=nxwxfczxdw90o2fjy291bnrpbmcgyxjjjnf1b3q7fde3mju0odm3mtc&amp;_rt_nonce=d88fe55a2c\">the right kind of lazy: innovative approaches to streamlining workflows | accounting arc<\/a><strong><br \/>\n<\/strong><\/p><\/blockquote>\n<p><span class=\"textrun scxw145435454 bcx8\" lang=\"en-us\" xml:lang=\"en-us\" data-contrast=\"auto\"><span class=\"normaltextrun scxw145435454 bcx8\">\u201cethics education in accounting has become stale,\u201d sa<\/span><span class=\"normaltextrun scxw145435454 bcx8\">ys <\/span><span class=\"normaltextrun scxw145435454 bcx8\">patrick,<\/span> <span class=\"normaltextrun scxw145435454 bcx8\">ceo<\/span><span class=\"normaltextrun scxw145435454 bcx8\"> and founder of <\/span><span class=\"normaltextrun spellingerrorv2themed scxw145435454 bcx8\">verifyiq<\/span><span class=\"normaltextrun scxw145435454 bcx8\"> and <\/span><span class=\"normaltextrun scxw145435454 bcx8\">vice president of client success at the b3 method institute<\/span><span class=\"normaltextrun scxw145435454 bcx8\">, <\/span><span class=\"normaltextrun scxw145435454 bcx8\">reflecting on his 80-plus hours of ethics training over his 22-year career. \u201cthe right decisions are usually obvious, but <\/span><span class=\"normaltextrun scxw145435454 bcx8\">it\u2019s<\/span><span class=\"normaltextrun scxw145435454 bcx8\"> the process of making them <\/span><span class=\"normaltextrun scxw145435454 bcx8\">that\u2019s<\/span><span class=\"normaltextrun scxw145435454 bcx8\"> difficult. unfortunately, none of my training has equipped me to handle that challenge.\u201d<\/span><\/span><span class=\"eop scxw145435454 bcx8\" data-ccp-props=\"{}\">\u00a0<\/span><br \/>\n<!--more--><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:278}\"><span class=\"textrun scxw40821839 bcx8\" lang=\"en-us\" xml:lang=\"en-us\" data-contrast=\"auto\"><span class=\"normaltextrun scxw40821839 bcx8\">one of t<\/span><span class=\"normaltextrun scxw40821839 bcx8\">he key issues raised in the episode is the formulaic nature of traditional ethics education. <\/span><span class=\"normaltextrun scxw40821839 bcx8\">m<\/span><span class=\"normaltextrun scxw40821839 bcx8\">ason<\/span><span class=\"normaltextrun scxw40821839 bcx8\">, founder and ceo of high rock accounting,<\/span><span class=\"normaltextrun scxw40821839 bcx8\"> highlight<\/span><span class=\"normaltextrun scxw40821839 bcx8\">s<\/span><span class=\"normaltextrun scxw40821839 bcx8\"> that many presentations simply focus on independence and professional standards, without delving into the philosophical underpinnings of ethics. \u201c<\/span><span class=\"normaltextrun scxw40821839 bcx8\">we\u2019re<\/span><span class=\"normaltextrun scxw40821839 bcx8\"> not addressing the \u2018why\u2019 behind ethical decisions,\u201d <\/span><span class=\"normaltextrun scxw40821839 bcx8\">mason<\/span><span class=\"normaltextrun scxw40821839 bcx8\"> emphasize<\/span><span class=\"normaltextrun scxw40821839 bcx8\">s<\/span><span class=\"normaltextrun scxw40821839 bcx8\">. \u201cwe need to be talking about ethical frameworks, values, and the cultural contexts that shape them.\u201d<\/span><\/span><span class=\"eop scxw40821839 bcx8\" data-ccp-props=\"{}\">\u00a0<\/span> <\/span><\/p>\n<p><span data-contrast=\"auto\">the hosts also discuss how ethics training often overlooks the complexities of real-world situations. \u201cmost ethical dilemmas aren\u2019t about identifying what\u2019s right or wrong\u2014they\u2019re about the difficulty of making the right choice,\u201d says byron. \u201cthe implications of those choices are what make them hard.\u201d<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">mason pushes for a deeper, more philosophical approach to ethics training. \u201cethics is about more than just following the rules. it\u2019s about understanding ethical theories and how they apply to different situations,\u201d she explains. according to mason, incorporating diverse cultural perspectives and exploring broader ethical considerations, like those seen in pop culture or science fiction, could provide accountants with more meaningful guidance.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">\u201cwe need to make ethics education fun and relatable,\u201d mason continues, referencing how innovative approaches\u2014like combining ethics training with entertainment\u2014are helping to reshape the conversation. for example, she mentioned the concept of &#8220;drunk ethics,&#8221; a playful yet informative approach to ethics training.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">shimamoto, the founder and managing director of intraprisetechknowlogies llc and founder and inspiration architect for the center for accounting transformation, adds that expanding ethics training is critical for addressing modern issues in the profession. \u201cwith the rise of ai and other emerging technologies, we need to think critically about how these tools affect our ethical decision-making,\u201d he says. shimamoto also points to broader challenges, such as environmental, social, and governance (esg) concerns, that are becoming increasingly relevant to accountants.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">\u201cthere are ethical implications to everything we do as a profession,\u201d shimamoto concludes. \u201cwe need to broaden the conversation to include how we treat people, how we make decisions within our organizations, and how we uphold our values in the face of new challenges.\u201d<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">the hosts all agree that the future of ethics education needs to evolve. \u201cethics isn\u2019t black and white,\u201d patrick says. \u201cit\u2019s time we rethink how we approach this important topic, so accountants are better prepared to handle the ethical dilemmas they face every day.\u201d<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">10 key takeaways<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ol>\n<li><span data-contrast=\"auto\">traditional ethics training often feels formulaic and lacks depth.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">ethical dilemmas are not about identifying right vs. wrong but about making the difficult choice.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">ethics training should focus on the &#8220;why&#8221; behind decisions, not just the rules.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">incorporating philosophical frameworks can make ethics training more meaningful.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">a values-based approach can enhance the ethical decision-making process.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">the rise of ai and emerging technologies poses new ethical challenges for accountants.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">esg (environmental, social, governance) concerns are becoming more important in ethics discussions.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">ethics training needs to include human and operational issues, not just professional standards.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">cultural context significantly influences how ethical decisions are made.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">\u00a0we must make ethics education engaging and relatable to keep accountants informed and empowered.<\/span><\/li>\n<\/ol>\n<div class='shareinpost'><ul class=\"socialwrap row\"><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2024%2f10%2f30%2fbeyond-the-basics-in-ethics-education-accounting-arc%2f&amp;t=beyond+the+basics+in+ethics+education+%7c+accounting+arc'  ><img  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it\u2019s making the right choice with difficult implications.&#8221;<\/strong><br \/>\n<a href=\"\/\/www.g005e.com\/?p=133313\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-133867\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2024\/10\/revolutionizing-ethics-education-in-accounting_-expanding-beyond-the-basics-_-accounting-arc-low-1.gif\" alt=\"\" width=\"249\" height=\"140\" \/><\/a><br \/>\n<b><i>accounting arc<\/b><br \/>\nwith liz mason, byron patrick, and donny shimamoto.<\/i><br \/>\n<a href=\"https:\/\/improvetheworld.net\/contact\/\">center for accounting transformation<\/a><\/em><\/p>\n","protected":false},"author":4585,"featured_media":133867,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[4722,1362,2734,3002,2301,2764],"tags":[4057,4677,4056,4066,4067,4678,4676,4065],"class_list":["post-133313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arc","category-featured-video","category-podcast","category-special","category-talent","category-video","tag-accounting-arc","tag-accounting-ethics","tag-arc","tag-byron-patrick","tag-donny-shimamoto","tag-ethics-education","tag-ethis","tag-liz-mason"],"acf":[],"yoast_head":"<!-- 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