Overview:
Satisfy your Ethics requirement and benefit from a comprehensive review of Virginia laws and ethics rules and the AICPA Code of Professional Conduct. This seminar provides insight into the rationale and philosophy behind the rules. You’ll learn about:
- Independence, integrity and objectivity
- Enforcement cases from the Virginia Board of Accountancy (VBOA)
- Regulatory issues for Virginia CPAs, including Virginia’s top ten issues for 2013
- Professional standards and responsibilities
Objective:
To satisfy the Ethics requirement for Virginia CPAs and emphasize the need for prudent ethical judgment when interpreting the rules and determining the public interest. You’ll use case studies to understand how to apply the rules to real ethical dilemmas.
Emphasis:
- Ethics update, including behavioral ethics and international ethics convergence
- Professional responsibility: issues for accountants and causes of unethical behavior
- VBOA policies and new VBOA fee schedule
- Rules enforcement by the VA Board of Accountancy
- Communication with clients and the VA Board of Accountancy
- Fiduciary responsibilities
- Records: documentation, retention and confidentiality
- Contingent fees, commissions, referral fees and advertising
- Ownership of information
- IRS Circular 230 update
- Updates on SSARS and AICPA proposed Financial Reporting Framework for Small- and Medium-sized Entities
- Licensing, renewal, mobility and CPE requirements
- Issues “on the horizon”
- AICPA Code of Professional Conduct
