4 Credits: Regulatory Ethics
This course is designed to meet the four-hour ethics CPE requirement for California CPAs. It provides an overview of ethical thought, covering the core values of the CPA profession and the application of these values to ethical reasoning. Covered in detail are applicable rules and statutes promulgated by the California Board of Accountancy, the California Accountancy Act, and the AICPA Code of Professional Conduct. Case studies are utilized throughout the course to highlight important issues.
Upon successful completion of this course, participants will be able to:
- Define ethics from an overall and professional perspective, noting the differences between morals and ethics
- Note the ethical requirements in California pertaining to new licensees and CPE
- Recognize the components and ethical thought process of the AICPA conceptual framework that that assists the CPA in evaluating threats in ethical issues and identifying possible safeguards to these threats
- Recognize the standards of professional conduct contained in Article 3.5 of the California Accountancy Act
- Recognize the rules of professional conduct as contained in Article 9 of the California Board of Accountancy Regulations
- Recognize the ethical standards contained in the AICPA Code of Professional Conduct
- Specify the action a CPA must take when there is a possible conflict of interest
- Identify situations where a CPA’s independence may or may not be impaired and what is considered an act discreditable
- Identify threats and safeguards that are applicable to CPAs in public practice and in business
August 28, 2023
There are no prerequisites.
CTEC Course Number: 2071-CE-1435
CTEC Ethics Credits: 4
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.
Meet The Experts
Patricia McCarthy, MBA, is a partner at CFO Resources LLC, a company focused on training and courseware for CPAs. Her focus is on Microsoft products, particularly Excel, and how to use these programs effectively in business. She’s also certified as an MOS expert in Excel. Patricia has been in software training for over 20 years, and her client list includes the Indiana CPA Society, which awarded her its Outstanding Discussion Leader award. She has been a contributor to the Journal of Accountancy and has published articles in several CPA society magazines, including societies in Indiana, Missouri, Texas, and Arizona. Patricia is a …
Joseph Helstrom, CPA, is a partner at CFO Resources, LLC, a company focused on training and courseware for CPAs. He’s also the owner of Mill Creek Publishing LLC. Joe has over 30 years of experience as a CPA in both public accounting and industry, with extensive experience in financial reporting and analysis, treasury, tax, information technology, legal and regulatory matters, and strategic planning. After graduation from Butler University with a degree in accounting, Joe got his start at Ernst & Young. Subsequent to that, he has served for several different companies as a chief financial officer; director of treasury and …