Course ID: EOPS1

Ethics and Ohio Professional Standards: When CPAs Make the Headlines

Just one bad decision could land you on the evening news which might cost you your license. The new Code of Conduct is effective December 15, 2014. Are you certain you won’t violate it and possibly lose your license?


LEARNING OBJECTIVES
  • Learn how changing the compensation and control system brought down a CPA firm
  • Learn how everyday immaterial amounts that are material ethics violations do not make sense
  • Learn how CPAs can be independent in fact but not to a jury
  • How “willful blindness” can cost you your CPA license

MAJOR TOPICS

Learn 5 common and dangerous requirements in the new Code of Conduct and simple ways to comply and protect your CPA license. In addition, we will review actual cases where CPAs made unethical decisions and lost their license, others committed financial reporting fraud and some went to prison. Cases include sole practitioners, local and regional firm CPAs and national firm partners and industry CPAs. Some of the cases that we will discuss include:

  • Partner sleeps then goes to prison
  • CFO/CPA betrays his ethical duty to make boss happy
  • Partner creates work papers for peer review
  • CPA School Controller goes to prison fraud
  • Partner and wife, both CPAs, charged with fraud…guess which goes to prison
  • Small firm managing partner works late one evening and loses everything

DESIGNED FOR
Ohio CPAs required to attend a Professional Standards course to retain their license. Does not meet the requirement for new licensees.

FIELD OF STUDY
Ethics - Regulatory

PREREQUISITES
None

COURSE PRODUCER
The Pros & The Cons

CPE CREDITS
3.0

LEVEL
Advanced

This course is available for your group as:

Group Internet Based: Webcast Group Live
 

Let's Roll!

To learn more or customize this course for your group, complete this form and a BLI team member will get back with you shortly.


Or, contact BLI: 888-481-3500 or learn@blionline.org