This CPE ethics course provides a comprehensive overview of ethics for CPAs. This includes a discussion of how to apply the Conceptual Framework Process prescribed by the AICPA Code of Professional Conduct. Other topics included in this ethics CPE course include how to identify and manage conflicts of interest as well as how to best protect confidential information. This CPA ethics course also addresses best practices for how CPAs can avoid committing acts that are discreditable to the profession.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Recognize the importance of ethics for CPAs
Identify ethical standards CPAs should follow
Recognize the three steps in the Conceptual Framework Process prescribed by the AICPA
Recognize the importance of identifying and managing conflicts of interest
Identify examples of conflicts of interestfor both CPAs in public practice and in business
Recognize how to approach conflicts of interest
Identify best practices for how to prevent or mitigate negative impacts from conflicts of interest
Recognize the importance of protecting confidential client information
Distinguish between information that is confidential and non-confidential
Identify confidentiality requirements based on the AICPA Code of Professional Conduct
Recognize best practices for protecting confidential information
Recognize examples of discreditable actsand how to avoid them
Identify situations where disclosure of CPA exam material would be a discreditable act
Recognize ethical requirements for tax returns for yourself and others
Identify ethical requirements related to confidential information
Recognize best practices for preventing discreditable acts
Major Topics
Importance of Ethics for CPAs
Ethics Standards CPAs Follow
SEC Regulations
State Board Regulations
GAAP and GAAS
Sarbanes-Oxley Act (SOX)
Threats
Safeguards
Conflicts of Interest
Discreditable Acts
