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Understanding Conflicts of Interest

This course focuses on understanding the concepts of conflicts of interest.
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33 students
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Platform: Udemy
Video: 1h 40m
Language: English
Next start: On Demand

Table of contents


A conflict of interest (COI) is a situation in which a person or organization is involved in multiple interests, one of which could possibly corrupt the motivation or decision-making of that individual or organization. The concept of having personnel sign a conflict of interest statement has become one of the tools used to manage an organization’s control environment and ethics process.
A conflict of interest exists if the circumstances are reasonably believed to create a risk that a decision may be unduly influenced. The belief can be based on experience or objective evidence. There are critical concepts related to the conflict of interest process that organizations must understand.
This course is designed to provide the learner with the opportunity to re-examine the concept as it is applied in their organization. We also discuss potential COI scenarios and elements that should be included in a COI policy.
If you would like Continuing Education Credit (e.g. CPE, CE, CPD, etc.) for this course, it is available if you take this course on the Illumeo dot com platform under course title: Keys to Understanding Conflicts of Interest. Illumeo is certified to provide CPE in over two dozen different professional certifications covering finance, accounting, treasury, internal audit, HR, and more. However, in order to receive CPE credit the courses must be taken on an ‘approved-by-the-governing-body’ CPE platform, and for over two dozen corporate professional certifications, that is the Illumeo platform. Go to Illumeo dot com to learn more.

You will learn

✓ Explore the definition of conflict of interest (COI).
✓ Explore key principles of a conflict of interest.
✓ Discover how the concept of conflict of interest applies to business.
✓ Discover examples of conflict of interest.
✓ Identify components to include in your conflict of interest policy.
✓ Explore how to properly manage and avoid conflict of interest.


• No advanced preparation or prerequisites are needed for this course, but completion of the instructor’s other courses on ethics may be helpful.

This course is for

• Anyone interested in finance, accounting, or related fields.
Condensed and Efficient Courses for Busy Professionals
Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job.

Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination.

Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.
Browse all courses by on Coursemarks.
Platform: Udemy
Video: 1h 40m
Language: English
Next start: On Demand

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