Description

CPAs today face greater challenges than ever to maintain the high ethical standards of their profession. It is vitally important that all CPAs understand their professional responsibilities related to all aspects of their job. This course, which focuses on key components of the AICPA Code of Professional Conduct, reviews a history of the CPA profession and focuses on ethical requirements that CPAs must adhere to in their everyday practice, including practical examples of potential ethical dilemmas that practitioners may encounter, particularly those related to objectivity and independence. PLEASE NOTE: THIS COURSE COVERS GENERAL ETHICS AND IS APPLICABLE IN STATES IN WHICH STATE-SPECIFIC ETHICS IS NOT REQUIRED. This course does not qualify for IRS credit.

Instructor: Ken Levine

Target Audience

All CPAs

Course Objectives

Understand the attributes of ethics and professional conduct

Identify ethical issues that occur every day in the work environment

Understand those deliberative, emotional, and social skills that enable a CPA to put their knowledge of the rules into practice in ways that are applicable to any situation

Understand CPA Independence issues and professional conduct

Subjects

Examine the CPA's role in today's economy

Compare similarities and differences between individual and business ethics

Explore the link between ethics, integrity and scruples

Discuss the basic attributes of ethics and professional conduct

Review the history of the CPA profession and the CPA's requirement to adhere to ethics policies and codes of conduct

Review the AICPA's Code of Professional Conduct and a CPA's responsibilities to the public, clients and colleagues

Discuss the common rules and statutes faced daily in the CPA profession. Case studies may also be utilized to present potential ethical dilemmas CPAs may face during their careers

Review CPA Independence violations by current legal case examples