The Accountant Ethics for New Mexico self-study CPE course is specifically designed to enhance the ethical understanding and decision-making skills of CPAs operating within the state. By covering a broad spectrum of topics, including the AICPA Code of Professional Conduct, harassment, discreditable acts, and confidentiality obligations, this ethics CPE course provides a comprehensive overview of the ethical landscape in accounting. Participants in this CPE ethics course will gain valuable insights into handling conflicts of interest, navigating the release of confidential information, and understanding the specific regulations of the New Mexico Public Accountancy Board. Additionally, the CPA ethics CPE course outlines the requirements for license reinstatement, continuing professional education, and firm reporting in New Mexico, offering CPAs the knowledge to not only navigate ethical dilemmas but also comply with state-specific regulatory requirements. Through this self-study ethics CPE course, CPAs will benefit from improved ethical awareness and the ability to apply ethical principles in real-world scenarios, enhancing their professional integrity and the trust placed in them by clients and the public.
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 license reinstatement in New Mexico.
Recall the requirements relating to continuing professional education in New Mexico.
Recall the reporting requirements for CPA firms in New Mexico.
Cite the rules relating to misleading firm names in New Mexico.
Identify the essential peer review program requirements in New Mexico.
Recall the requirements for reporting events to the New Mexico board by licensees.
Major Topics
Public Interest Principle
Failure to File a Tax Return or Pay a Tax Liability
Conflicts of Interest
Due Care
The Conceptual Framework
Ethical Conflicts
Ethical Standards in Tax Practice
Kohlberg's Stages of Moral Development
How to Make Ethical Decisions
Ethical Framework
Ethical Egoism
New Mexico Public Accountancy Board Administrative Code
