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:

1. Integrity
2. Objectivity
3. Professional competence and due care
4. Confidentiality
5. 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.

 

Access expires 180 days from purchase date

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.

• defining IESBA’s five fundamental principles of ethics
• summarizing the key events and dates of the Theranos fraud
• identifying the key stakeholders of Theranos
• illustrating what went wrong with Theranos using each of the five fundamental principles of ethics
• explaining how low psychological safety and a toxic organizational culture contributed to the fraud and poor ethical decision making

Course Content Created: December 2023

The information is current as of the creation  or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.

Presenter

Garth Sheriff, CPA, CIA

About This Product

On-Demand Courses by Sheriff Consulting. Sheriff Consulting specializes in the design and delivery of professional and leadership skill courses for accounting and finance professionals. Their mission is to provide an engaging approach to your continuing professional development (CPD). Their online content is designed for maximum engagement using the latest developments in adult learning pedagogy and current research in technical, professional and leadership skills. 

Please note that not all on-demand courses include downloadable materials such as course notes or slides.

How to get started

Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.