It?s nearly the end of 2017: have you fulfilled your two-credit ethics CPE requirement yet? If the answer to that question is ?no,? then IMA has the solution for you: a new online course that examines how corruption infiltrated a small-town school district and sent shockwaves through a community.

The new offering, part of the popular, long-standing IMA Ethics Series, is titled ?Misplaced Trust | Devastating Fraud.? Based on a real-life IMA Educational Case Journal (IECJ) case study, ?Lack of Internal Controls: Beaumont Independent School District,? the course provides an intriguing examination of the misappropriation of funds by an administrator in the Beaumont Independent School District (BISD) through the use of a false identity and several accounting schemes. The course examines the Committee of Sponsoring Organizations of the Treadway Commission (COSO) internal control framework, and how management accountants can contribute to ensuring strong internal controls, fraud prevention, and an ethical climate that encourages excellent overall organizational governance.

The course offers two NASBA-approved CPE credits and is available for one (1) year after the purchase date. The cost for IMA members is $95 (nonmembers pay $115).

Said Jeff Thomson, CMA, CAE, IMA president and CEO, ?Ethics remains an important subject at IMA, evidenced by our two-credit requirement for all CMAs, and this fall, we?re proud to unveil this new, engaging course that demonstrates how corruption rocked a small town. Based on a real-life case of false identity, shocking embezzlement, and conspiracy within a school district, the course provides a fascinating look into the failure of internal control in the nonprofit space. Part of our well-respected ethics series, this course aligns well with the recently revised IMA Statement of Ethical Professional Practice."

For additional information on this course, as well as other titles available in the IMA Ethics Series, please visit