This training has been created to help you meet the Virginia Board of Accountancy’s (VBOA) annual 2-hour (100-minute) CPE requirement for 2020. Section 18VAC5-22-90 of the VBOA’s regulations requires that all Virginia CPAs subject to continuing professional education must take an annual 2-hour ethics course acceptable to the VBOA. Each year, the VBOA provides an outline of topics to be included.
Learning Objectives
Distinguish the American Institute of CPAs (AICPA) Code Professional of Conduct and how it relates to enforcement cases
Identify changes to the volunteerism guidelines for CPAs in Virginia
Recognize rules and regulations that guide the profession in the state of Virginia
Analyze the difference between professional skepticism and professional judgment
Identify different ethical decision-making models
Apply decision-making models to come to informed decisions during ethical dilemmas
Major Topics
Ethical decision-making
Procedures for ethical decision-making
AICPA conceptual frameworks for CPAs in public practice and industry
PLUS Ethical Decision-Making Model
Services to the public beyond vocation
Volunteerism
Firm registration
Update on rules and regulations
Single license renewal date for all licensees
CPE requirements
Discuss requirements for the Active — CPE Exempt status
Staying on the ethical course
Ownership of work papers
Unbiased data reporting
Ethical verbal and nonverbal communication
Fraud and the dangers of social media
Provider
Business Learning Institute
Course Level
Basic
Professional Area of Focus
T Shaped Professional Leadership
CPE Field of Study
Regulatory Ethics
2.0
Who Should Attend
Licensed CPAs and individuals working in the accounting profession
