Ethics for Ohio CPAs Self-Study Webinar (3 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 Ohio 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.

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

Recognize the key attributes of professional ethics

Identify threats to a CPA’s independence

Identify both allowable and prohibited opportunities for a CPA to earn commission and contingent fee income

Identify the circumstances in which a CPA can release confidential client information

Recognize the circumstances in which a CPA could express an opinion on financial statements that are not presented in conformity to GAAP

Identify the CPE requirements applicable to Ohio CPAs

Recognize a CPA’s options when confronted with a possible conflict of interest where objectivity does not appear to be compromised

Recognize examples of a CPA’s discreditable acts in the context of the AICPA’s Code of Professional Conduct

Identify those circumstances under which a CPA may issue a compilation report on the entity for which he lacks independence
 

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Price: 
$70.00
Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Basic.

CPE Credit: 
3.00
NASBA Field of Study: 
Regulatory Ethics