The Ethics Update for CPAs in Public Practice: 2015 Edition (111009-15)
Description
CPAs in public practice will get an update of their ethical
responsibilities under AICPA and state-based regulations. Emphasis will
be on the practitioners who provide compilations, reviews, or audits, as
well as a range of other services for closely held businesses. Cases and
examples will be used extensively.
Learning Objectives
Receive a fast-paced overview of ethics standards promulgated by the
AICPA, State Societies, and State Board authorities as they apply to
small- to medium-sized CPA firms
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 issues
will alter current practice.
Understand how the evolving global
economy is challenging ethics and enforcement practices
Receive
up-to-the-minute coverage of evolving issues such as client
confidentiality, conflicts of interest, comfort letters, and other
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
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
Client confidentiality,
conflicts of interest and comfort letters – Recent guidance
AICPA’s
restructuring of the Ethics Code
Independence and ethics alert –
Current issues
Course Level
Update
CPE Field of Study
Regulatory Ethics
4
Location
Loyola Graduate Center
2034 Greenspring Dr Lutherville-Timonium, MD21093US
