2024 MSCPA Annual Convention: Details

Conflicts of Interest: Dealing With Ethical Dilemmas in Business and Industry

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Tuesday, August 27, 2024 @ 6:00pm 8:00pm
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Description

Ethics is complicated, and conflicts of interest are more complicated. What are the various issues involved with conflicts of interest?  What does the AICPA Code of Professional Conduct say? We will discuss several seemingly ordinary, everyday conflicts of interest and how we should be more aware that conflicts of interest are common. We will discuss the ethical priorities of a CPA and how to apply them. What should you do when facing a conflict of interest?  What is the ‘secret weapon’ to help mitigate conflicts of interest?  The key to our profession remaining relevant is to maintain trust. Come and learn more about conflicts of interest and how we all can be even more trustworthy.   

Prerequisites

1) At least six (6) months of work experience after college graduation, in a professional accounting, finance or similar role. Additionally, participants with management experience will also find this seminar very useful.

Highlights

  • Do conflicts of interest matter? 
  • Are we aware of common conflicts of interest? 
  • What does the Code of Professional Conduct require? 
  • How to recognize Conflicts of Interest? 
  • Ethical issues regarding competence and gifts and entertainment.
  • Tradeoffs involved in dealing with conflicts of interest? 
  • Suggestions on how to avoid conflicts of interest.  

Objectives

  • Understand how to recognize, prepare for, mitigate and avoid conflicts of interest

Preparation

None

Credits

Category Amount
Ethics 2.00