Description
Gain an understanding of the AICPA Code of Professional Conduct, and independence rules affecting accounting professionals.
Designed For
- CPAs maintaining CPA license
- Accountants seeking an understanding of the AICPA Code of Professional Conduct
- Accountants seeking an understanding of the Independence Rules
Objectives
- Recall the structure, application and content of the AICPA Code of Professional Conduct.
- Identify the steps involved in addressing an ethical issue using the conceptual framework.
- Recognize the fundamental concepts underlying the "Independence Rule" in the AICPA Code of Professional Conduct.
- Identify situations in which the independence rules apply to you and your family.
- Recognize the types of employment and business relationships and personal financial interests or relationships that create threats to your independence.
- Identify the requirements for performing nonattest services for an attest client and the types of nonaudit services that impact a firm's independence.
- Recall the types of business relationships with clients that create threats to independence.
- Recall the organization and application of the SEC and the PCAOB independence rules.
Highlights
- Conceptual Framework
- AICPA Code of Professional Conduct
- Independence