Ethics for Corporate Accountants Self-Study Webinar (4 Hours)

Overview: 

This specialized self-study webinar for corporate accountants will satisfy your mandatory ethics requirement. You will benefit from a comprehensive review of the AICPA Code of Professional Conduct for CPAs in business and learn how to apply these ethical rules to real-world corporate dilemmas. You’ll learn the best ways to:

  • Use professional standards to resolve common corporate ethical problems
  • Exercise independence, integrity and professional responsibility in a business setting
  • Deal with confidential company information
  • Effectively handle the six threats to compliance
  • Apply lessons learned from recent financial scandals
  • Deal with all the implications of PCAOB Auditing Standard 18 for companies
Objective: 

To satisfy the Ethics requirement for CPAs and emphasize the need for prudent ethical judgment when interpreting the rules and determining the public interest. This webinar is oriented for CPAs in business, rather than CPAs in public practice and features the AICPA Code of Professional Conduct Conceptual Framework for Members in Business. You’ll use actual case studies and discussion questions to understand how to apply the rules to real-life ethical dilemmas that you may face in the business world.

 

This self-study webinar qualifies to satisfy the general Professional Ethics requirement in all states, except the following states which require state-specific Ethics: AZ, DE, FL, LA, MI, MS, NJ, NY, OH, OR, TN, TX, VA, WA, WY.

Emphasis: 
  • Ethics defined
  • Kohlberg’s Six Stages of Ethical Development
  • Judgments and values
  • Professional responsibility: issues for accountants
  • Rules enforcement
  • Causes of unethical behavior
  • AICPA Code of Professional Conduct Conceptual Framework for Members in Business
  • The six broad categories of threats to compliance
    – Adverse interest
    – Advocacy
    – Familiarity
    – Self-interest
    – Self-review
    – Undue influence
  • Overview of notable financial scandals
    – Enron
    – Volkswagen
    – Bernie Madoff
    – Wall Street issues
    – International scandals
  • Implications of PCAOB Auditing Standard 18 for companies

Identify the different operational definitions of ethics

Identify factors that could lead to unethical behavior

Recognize the different stages of ethical development articulated by Kohlberg

Identify professional standards that support ethical behavior by CPAs

Identify factors that create ethical conflicts for CPAs

Recognize the primary layout of the AICPA’s Code of Professional Conduct

Identify the perspective from which a CPA should view an ethical dilemma

Identify the steps to be taken when attempting to eliminate or reduce threats to a CPA’s compliance with the AICPA’s Code of Professional Conduct

Identify the different categories of threats to a CPA’s compliance with the AICPA’s Code of Professional Conduct

Recognize the limitations of identified safeguards against threats to a CPA’s compliance with the AICPA’s Code of Professional Conduct

Recognize the characteristics of effective employee hotlines

Recognize the steps to be taken when in an ethical conflict with no obvious solution

Recognize the factors which serve to minimize potential conflicts of interest

Identify the financial statement preparer’s obligations to the outside auditors

Identify the ethical truths illustrated within the Enron scandal

Recognize the specific concerns of the PCAOB reflected in PCAOB Auditing Standard 18
 

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Price: 
$149.00
Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Basic.

CPE Credit: 
4.00
NASBA Field of Study: 
Regulatory Ethics