A Practical Ethics Update for CPAs: 2016 Edition (111035-16)
Description
CPAs will get an update of their ethical responsibilities under AICPA
and state-based regulations. Case studies and practical examples will be
used extensively.
Learning Objectives
Gain
insights into the ethics standards promulgated by the AICPA, State
Societies, and State Board authorities as they apply to CPAs in public
practice and industry
Use case studies and group discussion to examine
the connections between ethics principles, formal rules, and the
profession’s public responsibility
Understand how the new ethics
codification and the conceptual framework for resolving ethical
conflicts will alter current practice
Receive up-to-the-minute
coverage of evolving issues such as confidentiality, conflicts of
interest, comfort letters, and recent revisions to the Ethics Code
Major Topics
The structure of the ethics rules and the enforcement and disciplinary
process.
The public interest and professional ethics – When and why
may conflicts exist
Are individuals ethical
Are accountants
different
Bias versus professional skepticism in accounting judgments
Are there inter-generational differences in ethics
The threats and
safeguards approach to resolving ethical dilemmas
Ethical dimensions
of financial reporting in closely held firms
