But hidden beneath the surface of the enigmatic leader and the FOMO (fear of missing out) inherent in cryptocurrency are critical lessons in ethical decision-making, governance and organizational culture.   

In this webinar, we will explore the FTX fraud and critical 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 examine how a lack of psychological safety and a toxic organizational culture compromised the ethical decision-making process of numerous stakeholders.

We also examine the underlying technology at the heart of cryptocurrency, Blockchain, and why our professional judgement is most vulnerable with transformational technologies.

Applicable 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. 

Learning Objectives
By the end of this course, participants should be able to:

• Define IESBA's five fundamental principles of ethics
• Summarize the key events and dates of the FTX fraud
• Identify the key stakeholders of FTX
• Illustrate what when wrong with FTX 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
• Define Blockchain and cryptocurrency
• List one reason why blockchain technology was created
• Discuss why transformational technologies hinder our professional judgement and ethical decision-making 

Seminar Leader: Garth Sheriff

Presented by PD Partner: Sheriff Consulting

What to Expect

• This is a Live Virtual Seminar where class size has been limited to allow for an interactive learning environment. 
• This seminar will not be recorded.
• Course materials, links and credentials will be emailed to you two business days before the seminar. Once sent, the email will also be found in your Account Communication tab of the CPA Manitoba Member Portal. 
• Live webinars have varying levels of expected interaction, and some may require webcam and microphone capabilities – if you have concerns about the interaction required for this course, please email [email protected]

CPA Manitoba PD Terms and Conditions