2 Credits: Regulatory Ethics
Many states incorporate the AICPA Code of Professional Conduct into their ethics rules. The Code specifically applies to members of the AICPA; however, in the states that incorporate these rules by reference or have adopted the rules, a CPA is bound to abide by these rules whether or not the CPA is a member of the AICPA. This course is based upon the reformatted AICPA Code of Professional Conduct that became effective in late 2014. The materials cover the conceptual framework utilized in the reformatted Code as well as the rules and interpretations applicable to CPAs in public practice, business, and those defined as other. Case studies are used to reinforce concepts and provide real-life examples of ethical situations where the Code would apply.
Upon successful completion of this course, participants will be able to:
- Recognize the principles, rules, and interpretations contained in the AICPA Code of Professional Conduct that pertain to a CPA’s responsibilities, the public interest, integrity, objectivity and independence, due care, and the scope and nature of services
- Identify threats to compliance, noting applicable safeguards to help reduce the occurrence of threats and ethical misconduct
- Note professional situations in which the rules and interpretations of the Code would apply, specifying actions to mitigate threats and applicable safeguards to implement in order to stay in ethical compliance
November 20, 2023
There are no prerequisites.
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.
Meet The Experts
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 …
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