Navigating the intricate landscape of ethical standards and regulations in the field of accounting can be a daunting task, especially in Iowa, where specific rules and licensing provisions uniquely shape the profession. This Iowa ethics CPE course is specifically designed to address this challenge. Our CPE ethics course meticulously explores the AICPA Code of Professional Conduct alongside the nuanced regulations of the Iowa Accountancy Examining Board. By delving into these guidelines, this CPA ethics course highlights the often-overlooked pitfalls in public accountancy and firm management, bringing to light the complexities of harassment, discreditable acts, and the sensitive handling of confidential information.
What sets this CPA ethics CPE course apart is its practical approach. Through real-life examples, it doesn't just theorize but illustrates how these ethical and regulatory concepts apply in everyday professional scenarios. Participants of this ethics CPE course will emerge with a comprehensive understanding of the AICPA Code's principles, the intricacies of handling conflicts of interest, and the specifics of Iowa CPA license renewal. Moreover, the CPA ethics course empowers professionals to navigate the delicate balance between promotional efforts and misleading practices and to understand the specific obligations in client record delivery and firm permit requirements. This self-study CPE course is not just an educational journey; it's an essential toolkit for every tax, accounting, and finance professional in Iowa, ensuring they are well-equipped to uphold the highest standards of ethical conduct in their practice.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Describe the different principles contained within the AICPA Code of Professional Conduct.
Specify the different types of harassment.
Describe the types of discreditable acts stated in the AICPA Code of Professional Conduct.
Explain the accountant's obligations related to the release of confidential information.
Specify the policies that may apply to the release of confidential information.
Identify the characteristics of false or misleading promotional efforts.
Describe the obligations of the accountant in relation to the delivery of records to a client.
Specify the obligations of the accountant in regard to conflicts of interest.
Describe the different types of threats to an accountant's ability to comply with the AICPA Code of Professional Conduct.
Specify the renewal requirements for an Iowa CPA license.
Explain the requirements for a firm permit in Iowa.
Recall the reporting requirements from a CPA firm to the Iowa Board.
Specify the peer review requirements imposed on CPA firms in Iowa.
State the outcomes associated with the suspension of an Iowa CPA's license.
Specify the activities in which only an Iowa CPA can engage.
Identify the designations and titles reserved for Iowa CPAs.
Recall the requirements associated with contingent fees in Iowa.
State the circumstances under which confidential client information can and cannot be disclosed.
Major Topics
Public Interest Principle
Failure to File a Tax Return or Pay a Tax Liability
Disclosing Confidential Information without Permission
Conflicts of Interest
Due Care
Ethical Conflicts
Ethical Standards in Tax Practice
The Impact of Accountant Biases
Iowa Accountancy Examining Board Rules and Regulations