California Non-Regulatory Ethics: Ethics Rules and Interpretations for CPAs (Course Id 419)

Behavioral Ethics - Behavioral Ethics for Course Id 419

This course satisfies 2 hours of the 4 hour California non-regulatory ethics requirement for all licensees.

This basic course introduces and explains General Standards of the Ethical Rules and Independence Interpretations for the CPA, whether employed in public, governmental, or private accounting. The concepts of integrity and objectivity are discussed. When broad guidelines are used, interpretations are necessary in many cases due to the fact that guidelines are non-specific. Applications of these are discussed in a professional context. These Rules and Interpretations are from pronouncements of the American Institute of Certified Public Accountants (AICPA) Code of Professional Conduct, which is the standard for all CPAs.

Text - NASBA Registry - 419

Course Learning Objectives:

• Introduce the General Standards of the Rules of Ethics of the American Institute of Certified Public Accountant’s Code of Ethics. Unit One
• Cover the basic and recent Interpretations of Independence that provides the specific application of the Code of Ethics. Unit Two

Unit 1
Rules of Ethics

• Be able to differentiate Independence in Appearance and Fact
• Understand the role of GAAP
• Examine the use of Confidential Client Information
• Be familiar with the rules concerning Contingent Fees and Commissions
• Understand Advertising by the CPA

Unit 2
Interpretations of the Code of Ethics

• Understand the impact of former employees and family members on Independence.
• Examine the impact of Investment or Management Advisory Services on Independence.
• Be familiar with possible conflicts of interest.
• Understand the role of CPAs as employees

1.   Rules of Ethics

2.   Interpretations of the Code of Ethics