This Maine CPA ethics CPE course is specifically tailored to meet the needs of CPAs operating within Maine, blending in-depth coverage of the AICPA Code of Professional Conduct with the unique requirements set by the Maine Board of Accountancy. This CPE ethics course offers a comprehensive examination of essential ethical considerations, from handling harassment and discreditable acts to managing confidential information and promotional efforts. Participants in our CPA ethics course will benefit from detailed insights into the types of threats to compliance, the nuances of deontology versus consequentialism, and the application of the difference principle in real-world scenarios. Moreover, the ethics CPE course clarifies the path to CPA licensure in Maine, the conditions for commission and contingency fees, and the requirements for peer reviews. By the end of this self-study course, Maine CPAs will not only enhance their ethical decision-making skills but also ensure their practices fully comply with both national and state-specific standards.
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 differences between deontology and consequentialism.
Explain how the difference principle can be applied to real-world situations.
Specify the requirements for the initial issuance of a CPA license in Maine.
Recall the requirements for substantial equivalence in Maine.
Recall the rules associated with the late renewal of a Maine CPA license.
Specify the circumstances under which peer reviews are mandated in Maine.
Identify the situations in which commissions and contingency fees are allowed for a Maine CPA.
Major Topics
Public Interest Principle
Failure to File a Tax Return or Pay a Tax Liability
Conflicts of Interest
Due Care
Ethical Conflicts
Ethical Standards in tax Practice
Kohlberg's Stages of Moral Development
How to Make Ethical Decisions
Distributive Justice
Virtue Justice
Maine Board of Accountancy Rules
