Accounting and disclosure choices raise serious conflicts of interest, especially, between managers and shareholders. At the extreme, these conflicts can lead to civil and criminal acts. This course examines, in part, how and why managers make good and bad accouning choices, and offers guidance for investors and regulators on means of detecting bad accounting and disclosure policies. This course also examines company social responsibility and environmental accounting. Additional accounting and disclosure rules were mandated by the Sarbenes-Oxley Act of 2002.