Description

Cover case studies and engage in discussion questions that cover professional ethics, fair positions in tax returns, ethical issues in tax practice, fairness in financial reporting, and integrity. This course fulfills the four-hour ethics education requirement.

Presented by Richard Ferdinand, Kenneth Garrett

Target Audience

CPAs, accountants, and other financial professionals looking to expand and update their understanding and knowledge.

Course Objectives

• Identify the AICPA's professional ethics standards that apply to situations in public practice and industry
• Recognize potential problem areas concerning compliance with ethics standards
• Recognize the criteria for evaluating the fairness of financial statements, as well as the fairness related to tax returns and tax practice

Subjects

• AICPA Code of Professional Conduct
• Fair positions in tax returns
• Ethical issues in tax practice
• Fairness in financial reporting
• Integrity and materiality judgments
• Ethics involving related party, pro forma results and accounting change disclosures

Prerequisites

 Financial reporting or income tax experience in practice or industry.