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Course Details

Generic: Ethics for Accountants (Course Id 685)

Updated / QAS / Registry
  Add to Cart 
Author : Jae K. Shim, Ph.D., CPA
Course Length : Pages: 0 ||| Review Questions: 0 ||| Final Exam Questions: 20
CPE Credits : 4.0
IRS Credits : 0
Price : $39.95
Passing Score : 70%
Course Type: NASBA QAS - Text - NASBA Registry
Technical Designation: NonTechnical
Primary Subject-Field Of Study:

Behavioral Ethics - Behavioral Ethics for Course Id 685

Description :

This is an ethics course covering standards of professional conduct and business practices adhered to by accountants such as CPAs in order to enhance their profession and maximize idealism, justice, and fairness when dealing with the public, clients, and other members of their profession. It also presents an approach - the conceptual framework approach - to coping with ethical dilemmas. The Sarbanes-Oxley Act and its impact on business ethics, internal control requirements, and the CPA’s responsibilities are summarized. Moreover, a brief discussion of the AICPA’s Standards for Tax Service and the IMA’s Statement of Ethical Professional Practice are included. Finally, it identifies different disciplinary systems within the profession and provides guidance on how to respond to an ethics inquiry from the AICPA. It includes examples to illustrate the application of various ethical standards.

Usage Rank : 43500
Release : 2023
Version : 1.0
Prerequisites : None.
Experience Level : Overview
Additional Contents : Complete, no additional material needed.
Advance Preparation : None.
Delivery Method : QAS Self Study
Intended Participants : Anyone needing Continuing Professional Education (CPE).
Revision Date : 10-Jun-2023
NASBA Course Declaration : Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam.
Approved Audience :

NASBA QAS - Text - NASBA Registry - 685

Keywords : Behavioral Ethics, Generic, Ethics, Accountants, cpe, cpa, online course
Learning Objectives :

Chapter 1
Ethics and Ethical Behavior

After studying this chapter, you will be able to:
  • Recognize ethical reasoning used by accountants.

Chapter 2
AICPA Code of Professional Conduct

After studying this chapter, you will be able to:
  • Identify different principles and rules of the AICPA Code of Professional Conduct
  • Identify independence and objectivity issues
  • Recognize ethical standards and violations

Chapter 3
Other Ethical Standards

After studying this chapter, you will be able to:
  • Identify the key provisions of the Sarbanes-Oxley Act that influence auditor independence.
  • Recognize licensing and disciplinary mechanisms within the profession.
  • Identify the ethical standards by the Institute of Management Accountants
Course Contents :

Chapter 1:   Ethics and Ethical Behavior

Learning Objectives

The Concept of Ethics

Relationship between Morals and Ethics

Legal, Ethical, and Moral

Causes of Unethical Behavior

Reasoning and Dilemmas

Approaches to Ethical Behavior

Corporate Ethical Development Model

Chapter 1 Review Questions

Chapter 2:   AICPA Code of Professional Conduct

Learning Objectives

Code Structure

Principles of Professional Conduct

Ethical Decision-Making Conceptual Framework

Conceptual Framework Worksheet

Rules of Conduct

1.100 - Integrity and Objectivity Rule

1.110 Conflicts of Interest

1.120 Gifts and Entertainment

1.130 Preparing and Reporting Information

1.140 Client Advocacy

1.150 Use of a Third-Party Service Provider

1.200 - Independence Rule

1.220 Accounting Firms

1.228 Engagement Contractual Terms

1.230. Unpaid Fees

1.240 Financial Interests

1.260 Loans, Leases, and Guarantees

1.265 Business Relationships

1.270 Family Relationships with Attest Client

1.275 Current Employment or Association with an Attest Client

1.277 Former Employment or Association with Attest Client

1.279 Consideration or Subsequent Employment or Association with Attest Client

1.290 Actual or Threatened Litigation

1.295 Nonattest Services

1.297 Independence Standards and Agreed-Upon Procedures Engagements

1.298 Breach of an Independence

Chapter 2 Review Questions - Section 1

1.300 - General Standards

1.310 - Compliance with Standards Rule

1.320 - Accounting Principle Rule

1.400 - Acts Discreditable

1.510 - Contingent Fees

1.520 - Commissions and Referral Fees

1.600 - Advertising and Other Forms of Solicitation

1.700 - Confidential Information

1.800 - Form of Organization and Name

Chapter 2 Review Questions - Section 2

Chapter 3:   Other Ethical Standards

Learning Objectives

Sarbanes-Oxley Act

Summary of Key Provisions

Restore Confidence in Auditing Profession

Reform Corporate America

AICPA’s Standards for Tax Services

Overview

Tax Return Positions

Answers to Questions on Returns

Certain Procedural Aspects of Preparing Returns

Use of Estimates

Departure from a Position Previously Conducted in an Administrative Proceeding or Court Decision

Knowledge of Error: Return Preparation and Administrative Proceedings

Form and Content of Advice to Taxpayers

IMA Code of Conduct for Management Accountants

Ethics Enforcement

AICPA Professional Ethics Division

State Boards of Accountancy and State CPA Societies

SEC and PCAOB

Chapter 3 Review Questions

Appendix

AICPA FAQ

Blind Trusts

Campaign Contributions

Disclosure of Commissions

Independent Contractors

Letter Of Intent to Purchase Practice

Pro Bono/Below Cost Fees

Compliance with SSCS’s When Member Does Not Hold out as CPA

Use of Standards That Have Not Been Established by a Body Designated by AICPA Council

Form of Communication

Transfer of Client Files to Another Partner in The Firm

Transfer of Client Files in a Merger

Transfer of Files and Return of Client Records in Acquisition of a Nonmember Practice

Electronic Records

Long Association of Senior Personnel of the Engagement Team

Loans

Staff Augmentation Arrangements

Client Affiliates

Conflicts of Interest Situations

AICPA Ethics Violation Case Studies

Almost Stolen Clients

Harmless Mistakes

Inadequate Accountant

Response to AICPA Ethics Inquiry

Glossary

CPE Behavioral Ethics Course: https://www.cpethink.com/aicpa-based-ethics-for-cpas
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