Ethics - Information Assurance | ISACA · Crazy Eddie Source: ... said Antar, who avoided jail time by working with the U.S. government, ... Microsoft PowerPoint - Ethics Presentation

EthicsA Discussion of Stories & Psychology

May 26, 2016

Constance Snelling, IT Audit Manager, CPA, CGMA, CISA

Lost Money at Diner Taken by PatronSource: ABC – What Would You Do

Crazy Eddie

Source: http://www.accountingweb.com/aa/law-and-enforcement/sex-lies-and-accounting-fraud

Timeline of Very Poor Ethical Decisions

Source: http://www.cbsnews.com/media/top-14-financial-frauds-of-all-time/15/http://www.accounting-degree.org/scandals/

Source: https://www.aicpastore.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2013/ForensicValuation/54-million-dollar-fraud.jsp

Dixon, IL Timeline - Rita Crundwell

• Unconscious Bias vs. Conscious Corruption

• Roots of Bias• Desires

• Structural Aspects of Accounting Open the Door for Bias• Ambiguity

• Attachment

• Approval

• Aspects of Human Nature that Amplify Bias• Familiarity

• Discounting

• Escalation

Psychology of Fraud

Source: Harvard Business Review

• Toby’s Background

• Bounded Ethicality

• We Lie Because We Care?

• How Can We Think Differently?

• Are Rules the Best Method?

Toby Graves

Source: http://www.npr.org/2012/05/01/151764534/psychology-of-fraud-why-good-people-do-bad-things

Moral of the story: Bad Ethics

Moral of the story: Good Ethics