Ethics for North Carolina CPAs Self-Study Webinar (2 Hours)

Overview: 

Satisfy your Ethics requirement and benefit from a comprehensive review of ethics rules and the AICPA Code of Professional Conduct. This self-study webinar provides insight into the rationale and philosophy behind the rules. You’ll learn about:

  • Independence, integrity and objectivity
  • Frivolous complaints and discreditable acts
  • Professional standards
  • Ways to protect yourself
  • Confidential client information
Objective: 

To satisfy the Ethics requirement for North Carolina CPAs and emphasize the need for prudent ethical judgment when interpreting the rules and determining the public interest. You’ll use case studies and discussion questions to understand how to apply the rules to real ethical dilemmas.
 

This 2-hour general ethics course will meet the 50 minutes of general ethics required every reporting period ending 12/31.

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
  • Advertising
  • Independence, conflicts of interest and objectivity
  • Record retention and ownership of information
  • Reciprocity and portability
  • Contingent fees, commissions and referral fees
  • Forms of organization
  • Tax transparency
  • Comfort letters
  • Rules governing unprofessional conduct
    – For all professions
    – For CPAs specifically

Identify the different ways to define ethics

Recognize the motivations for ethical behavior as identified in Kohlberg’s stages of moral development

Recognize the extent to which survey respondents felt they worked in a positive ethics environment

Recognize the extent to which accounting students admitted to cheating while in college

Identify the professional mandates that prevent CPAs from claiming ignorance of the rules and standards applicable to their ethical behavior

Identify the accounting issues leading to potentially unethical behavior

Identify the licensing board’s primary consideration when disciplining a licensee

Recognize engagements in which a CPA is working in a fiduciary capacity

Recognize the practitioner’s responsibilities to the IRS in regards to client information requests

Identify the time frame in which a practitioner must obtain the informed consent of clients in which the practitioner has a conflict of interest

Determine the perspective from which accountancy boards view the AICPA Code of Conduct

Determine the single most important consideration when determining the most ethical choice of action(s)

Recognize the primary concern with the performance of attest services for non-attest clients

Identify threats to the practitioner’s integrity and objectivity

Identify the work paper retention requirements of the Code of Conduct

Identify the entity responsible for the promulgation of US GAAP

Recognize the primary concerns with contingent fees within the profession

Recognize confidentiality restrictions in the accounting profession

Determine those records that must be provided to a client, upon request, even where fees are outstanding

Identify permissible and non-permissible CPA firm names
 

Bottom
Price: 
$75.00
Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Basic.

CPE Credit: 
2.00
NASBA Field of Study: 
Regulatory Ethics