While ethics training is required by many states, the true value of the CPA license is in understanding how critically important ethical behavior is to one another, our customers, our firms, and the public. This course will explore the basic tenets of ethical behavior and use case studies to explore ethical dilemmas in various companies and organizations with a focus on dilemmas that may face CPAs in the industry.
Learning Objectives
- Identify and understand critical thinking errors as they relate to ethical dilemmas
- Identify the core values of being a CPA
- Understand objectivity, professional skepticism, and subordination of judgment and the impact on identifying fraud and elements of typical fraud schemes
- Understand the professional code of ethics and conduct
- Understand the new AICPA Ethics Codification and how to use it
- Understand the ethics enforcement process and how to deal with ethical issues
- Examine the impact of ethical and unethical conduct on our profession
Major Topics
- Core values of being a CPA
- Critical thinking errors as they relate to ethical dilemmas
- Objectivity, professional skepticism, and subordination of judgment
- Professional code of ethics and conduct
- AICPA Ethics Codification
- Ethics enforcement process
- Impact of ethical and unethical conduct on the CPA profession
- Real disciplinary cases to illustrate critical points
