Every CPA must comply with a Code of Professional Conduct, which is a hallmark of the CPA designation. CPAs in public practice must overcome higher barriers, such as when attest service providers must also retain independence. This course will provide an overview of the core principles from which the CPA profession is built upon.
Course Highlights:
- Core principles of any Code of Professional Conduct applicable to all CPAs, including conflicts of interest, preparing and reporting information, competence, confidential information, and more.
- The importance of maintaining independence for CPAs in public practice, especially when also performing nonattest services for the attest client.
- Comparing and contrasting various ethical standards, including those promulgated by the AICPA, PCAOB, and international bodies.
Prerequisites
No advanced preparation or prerequisites are required for this course.
Designed for: Any CPA who must comply with a Code of Professional Conduct .
Learning Objective
- Discover and describe core principles underlying the any Code of Professional Conduct that apply to both CPAs in public practice and industry, whether designated by the AICPA, PCAOB, or an international body.
- Explore and explain common ethical dilemmas faced by all CPAs and how they can be safeguarded to an acceptable level.
Last updated/reviewed: March 21, 2024
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Jennifer Louis
CPA, President of Emergent Solutions Group LLC
INTRODUCTION AND OVERVIEW
- Learning Objectives for Professional Ethical Considerations for CPAs 0:55
- Overview 12:24
- Principles of Professional Conduct 6:52
- Independence Rules 22:42
- Performing Non-attest Services for an Attest Client 18:42
- Gifts and Entertainment 3:02
- Preparing and Reporting Information 8:55
- Competence 3:54
- Confidential Client Information 4:24
- Real Life CPA Ethical Dilemmas 18:54
CONTINUOUS PLAY
SUPPORTING MATERIAL
- Slides: Professional Ethical Considerations for CPAs PDF
- Professional Ethical Considerations for CPAs Glossary/ Index PDF
REVIEW AND TEST
- REVIEW QUESTIONS quiz
- FINAL EXAM exam
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