CPAs will get an update of their ethical responsibilities under AICPA and state-based regulations. Case studies and practical examples will be used extensively.
Course ID: EUG
A Practical Ethics Update for CPAs
Learning Objectives
- Gain insights into the ethics standards promulgated by the AICPA, State Societies, and State Board authorities as they apply to CPAs in public practice and industry
- Use case studies and group discussion to examine the connections between ethics principles, formal rules, and the profession’s public responsibility
- Upon completion of this course, participants will be able to:
- Understand how the new ethics codification and the conceptual framework for resolving ethical conflicts will alter current practice
- Receive up-to-the-minute coverage of evolving issues such as confidentiality, conflicts of interest, comfort letters, and recent revisions to the Ethics Code
Major Topics
– The structure of the ethics rules and the enforcement and disciplinary process.
– The public interest and professional ethics – When and why conflicts exist
– Ethics dimensions of recruitment, selection, and promotion
– Whistleblowing and the internal control environment
– The Threats and Safeguards Approach to resolving ethical dilemmas
– Ethical dimensions of financial reporting in closely held firms
– Using AICPA’s restructured Ethics Code
– Recent ethics rules and issues
Who Should Attend
Accountants in who need an overview of the ethics requirements that govern the professional services they provide to clients or employers
Fields of Study
Regulatory EthicsPrerequisites
Prior learning or experience