|Author :||Patricia McCarthy, MBA|
|CPE Credits :||2.0|
|IRS Credits :||0|
|Passing Score :||70%|
|Primary Subject-Field Of Study:||
Regulatory Ethics - Regulatory Ethics for Course Id 1423
This 2-hour course is designed to meet the South Carolina requirement that at least two hours of required ethics be in South Carolina Rules and Regulation for CPAs. The applicable laws and rules promulgated under South Carolina Statutes, Title 40, Chapter 2, Accountants and Code of Regulations, Chapter 1, Board of Accountancy are cited in a question and answer format. Frequently asked questions and case studies are utilized throughout the course to emphasize material.
|Usage Rank :||0|
|Experience Level :||Overview|
|Additional Contents :||Complete, no additional material needed.|
|Advance Preparation :||None.|
|Delivery Method :|
|Intended Participants :||Anyone needing Continuing Professional Education (CPE).|
|Revision Date :||19-Oct-2018|
|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 - NASBA Registry - 1423
|Keywords :||Regulatory Ethics, South Carolina, Regulatory, Ethics, SC, BoA, Approved, cpe, cpa, online course|
|Learning Objectives :||
Course Learning ObjectivesUpon completion of this course, you should be able to:
|Course Contents :||
Chapter 1 - South Carolina Regulatory Ethics
Licensure and Registration of CPAs in South Carolina
Who can use the CPA credential?
What can cause a CPA license to be suspended or revoked?
Who can perform attest services?
If Im a CPA in another state, can I work in South Carolina?
What are the CPE requirements to renew my license?
What are the requirements for a CPA firm located in South Carolina?
What are the requirements for a CPA firm located outside of South Carolina?
When am I required to enroll in peer review?
Ethical and Regulatory Requirements of CPAs in South Carolina
What are the professional standards applicable to CPAs in South Carolina?
AICPA Code of Professional Conduct - 1.400.001 Acts Discreditable Rule
Failure to file a tax return or to pay a tax liability
Case Study: Busy Season was too Busy Failure to File Tax return
Negligence in the preparation of financial statements or records
Failure to follow government auditing standards and GAAS
Disclosure of confidential information
False, misleading or deceptive acts in promoting or marketing professional services
Improper retention of client records when requested by the client
What is my responsibility for working papers, client provided records and other client records?
Case Study: Client Switching CPA Firms Record Retention
When can I divulge client confidential information?
What are acceptable firm names?
Case Study: Audit Experts Group - Name Requirements