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Author: |
Jae K. Shim, Ph.D., CPA |
Course Length: |
Pages: 71 ||| Word Count: 28,347 ||| Review Questions: 12 ||| Final Exam Questions: 20 |
CPE Credits: |
4.0 |
IRS Credits: |
0 |
Price: |
$39.95 |
Passing Score: |
70% |
Course Type: |
Text |
Technical Designation: |
Technical |
Field Of Study: |
Regulatory Ethics |
Approved Audience: |
NASBA QAS - NASBA Registry |
Key Takeaways: |
This course meets the ethics requirements for Massachusetts CPAs renewing their licenses, discussing standards of professional conduct and business practices.
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Frequently Asked Questions: |
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Description: |
Individuals in the accounting profession have a considerable responsibility to the general public. To gain public trust and maintain professionalism, professional conduct and ethical behavior are necessary. Adhering to ethical standards is both a professional obligation and a legal requirement. This course is designed to meet the ethics requirements for Massachusetts CPAs renewing their licenses. It discusses standards of professional conduct and business practices that should be adhered to by CPAs in order to maximize idealism, justice, and fairness when dealing with the public, clients, and other members of their profession. The course begins with a presentation of ethics and ethical reasoning, describing the concept of ethics, identifying the causes of unethical behavior, and explaining the process of ethical reasoning. It covers specific rules governing professional conduct, including the AICPA Code of Professional Conduct, along with the conceptual framework approach to coping with ethical dilemmas, and a review of key sections within Massachusetts Statutes and Regulations governing the practice of public accountancy. Numerous examples are included to help you have a good understand of ethical standards and apply ethical judgment in interpreting the rules. |
Usage Rank: |
19000 |
Release: |
2025 |
Version: |
1.0 |
Prerequisites: |
None. |
Experience Level: |
Overview |
Additional Contents: |
Complete, no additional material needed. |
Additional Links: |
External: State Ethics Commission
Internal: Massachusetts: Ethics for Massachusetts - v13 (Course Id 674)
Internal: Massachusetts Professional Ethics for Massachusetts CPAs (4‑hour course)
External: Massachusetts Board of Public Accountancy - Continuing Education Rules
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Advance Preparation: |
None. |
Delivery Method: |
QAS Self Study |
Intended Participants: |
Anyone needing Continuing Professional Education (CPE). |
Revision Date: |
25-Jun-2025 |
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. |
Keywords: |
Massachusetts: Ethics for Massachusetts - v15 - CPE course for CPAs |
Learning Objectives: |
Chapter 1
Chapter 2
Chapter 3
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Course Contents: |
Chapter 1: Ethics and Ethical Reasoning Learning Objectives Ethics Concept 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 Applicability and Structure Fundamental Principles Ethical Decision-Making Framework Conceptual Framework Approach Conceptual Framework Toolkit Ethical Conflicts Rules for Members in Public Practice Integrity and Objectivity Rule Conflicts of Interest Gifts and Entertainment Preparing and Reporting Information Client Advocacy Use of a Third-Party Service Provider Responding to Noncompliance with Laws and Regulations Chapter 2 Review Questions - Section 1 Independence Conceptual Framework Approach Unpaid Fees Financial Interests Loans and Leases Business Relationships Family Relationships Current Employment or Association with an Attest Client Former Employment or Association with Attest Client Considering or Subsequent Employment or Association with Attest Client Actual or Threatened Litigation Nonattest Services Breach of an Independence General Standards Compliance with Standards Accounting Principle Acts Discreditable Fees and Other Types of Remuneration Contingent Fees Commissions and Referral Fees Advertising and Other Forms of Solicitation False, Misleading, or Deceptive Act Use of the CPA Credential Confidential Information Disclosing Information From Previous Engagements Disclosing Information to Clients Disclosing Information to a Third-Party Service Provider Form of Organization and Name Rule Partner Designation Firm Name Rules for Members in Business Chapter 2 Review Questions - Section 2 Chapter 3: Massachusetts Ethical Standards Learning Objectives Requirements for Certifications Affirmative Action Against Unlawful Discrimination Communications Non-prohibited and Prohibited Services Continuing Professional Education Quality Review Code of Ethics and Rules of Professional Conduct Independence, Integrity and Objectivity Competence and Technical Standards Responsibilities to Clients Responsibilities to Colleagues Other Responsibilities and Practices Chapter 3 Review Questions Appendix: AICPA Practice Aid Volunteer Services to a Political Campaign Preferential Treatment of Immediate Family member or Close Relative Glossary |
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