Project Title: The University Bookstore: Valuing Familiarity at the Expense of Ethics II. Introduction:

I.                        Project Title:

The University Bookstore: Valuing Familiarity at the Expense of Ethics

II.                        Introduction:

Working as an accountant or auditor means you are more likely to be confronted with ethical dilemmas and or fraud. Accountants and auditors have an explicit responsibility to an organization's stakeholders and to the general public to perform their work with due diligence. They must understand risk factors and know how to mitigate risk. Once you become a professional accountant and/or auditor, you must adhere to the AICPA's Code of Professional Conduct or The Institute of Internal Auditors Code of Ethics, as well as the code of ethics of the organization where you work. 

In this project, you will examine a real-life situation to identify potential stakeholders, discuss possible ethical issues, and propose actions to mitigate fraud. Your role in this project is that of the internal auditor for a university bookstore. Completion of this project will show your ability in a number of competencies.

As you complete this project, focus on the following goals and competencies: