Past Events

Ethics - House Out Of Control

Saturday, November 2, 2019

House Out Of Control

Based on a real-life IMA Educational Case Journal (IECJ) study, "Ethical Choices at Choice House," you will be introduced to an intriguing examination of the fraudulent activity that occurred at Choice House, a women's alternative to prison, due to a lack of internal control. The fraud was committed by Choice House's executive director, who misappropriated funds to meet personal needs, and an investigation then ensues by the finance committee. This case considers the Committee of Sponsoring Organizations of the Treadway Commission (COSO) 2013 Internal Control–Integrated Framework, evaluation of an ethical dilemma, working with internal control systems, and the revised IMA Statement of Ethical Professional Practice.