Nevada Professional Ethics (Course Id 2639)

• Who is this course for?
  This course is for Nevada CPAs and other professionals who need to meet the 2-hour Ethics CPE requirement.

• What is this course about or what problem does this course solve?
  It provides an in-depth review of ethical standards and regulatory requirements specific to Nevada CPAs, including the AICPA Code of Professional Conduct and the Nevada Administrative Code Chapter 628.

• How can the knowledge from this course be used?
  The knowledge can be used to ensure ethical compliance in professional practice, meet Nevada’s CPE ethics requirement, and uphold professional integrity.

• Why is this course important to a CPA, Accountant, or IRS Enrolled Agent?
  It is crucial for maintaining licensure in Nevada, understanding applicable ethical obligations, and avoiding unlawful practices or professional misconduct.

• When is this course relevant or timely?
  This course is relevant during a CPA's license renewal cycle or any time ethical competency in accordance with Nevada regulations is required.

• How is a course like this consumed or used?
  This is a self-study, text-based course completed online, which includes review questions and a final exam that must be passed to earn CPE credit.

This 2-hour course is designed to meet the 2-hour Ethics CPE requirement for Nevada CPAs.  It provides an overview of ethical thought along with the core values of the CPA profession.  Certain contents of Nevada Administrative Code, Chapter 628 are covered which include Continuing Education, Unlawful Practice and Standards of Practice.  The AICPA Code of Professional Conduct is covered in detail. 

NASBA QAS - Text - NASBA Registry - 2639

Course Learning Objectives

• Define ethics from an overall and professional perspective.
• Describe the continuing education requirements contained in Nevada Administrative Code, Chapter 628.
• Describe the ethical standards contained in the AICPA Code of Professional Conduct.

Chapter 1 - Nevada Professional Ethics

Ethics Background

Morals

What is Ethics?

The Relationship of Morals and Ethics

Professional Ethics

Legal versus Ethical

Why Should We Study Professional Ethics?

Accounting Ethics

Ethical Core Foundations for CPAs

Ethical Reasoning

Case Studies – Threats and Safeguards

Ethical Dilemmas

Review Question

Nevada Administrative Code Chapter 628 – Accountants

Standards of Practice

Continuing Education

Unlawful Practice

The AICPA Code of Professional Conduct

About the Code

Preface

Part 1 – Members in Public Practice

Rule 1.100 Integrity and Objectivity

1.130 Preparing and Reporting Information

1.180 – Responding to Noncompliance with Laws and Regulations

1.200 - Independence

Review Questions

Rule 1.300—General Standards Rule

1.310 Compliance with Standards Rule

1.320 Accounting Principles Rule

1.400.001 Acts Discreditable Rule

1.510.001 — Contingent Fees Rule

1.520.001—Commissions and referral fees Rule

1.600.001 —Advertising and other forms of solicitation

1.700.001— Confidential client information rule

1.800.001—Form of organization and name rule

Review Questions

Part 2 – Members in Business

2.100.001 – Integrity and Objectivity Rule

2.130.030 Obligation of a Member to His or Her Employer’s External Accountant

2.170.010 – Pressure to Breach the Rules

2.180.010 Responding to Noncompliance with Laws and Regulations

2.300.001 — General standards rule

2.310.001—Compliance with standards rule

2.320.001—Accounting principles rule

2.400.001 Acts Discreditable Rule

2.400.070 Confidential Information from employment or volunteer activities

Part 3 – Other Members

3.400.001 - Acts discreditable rule

3.400.070 Confidential Information from employment or volunteer activities

Glossary