The AICPA’s Professional Ethics Executive Committee (PEEC) clarified, revised and codified the AICPA Code of Professional Conduct in 2014 and has made many changes since then. In this program, the Code is used as a basis for discussing regulatory ethics. The program will address ethics rules applicable to CPAs in public practice, those in business, and others. Recent changes, interpretations, and non-authoritative guidance issued by PEEC will be discussed along with Connecticut Board of Accountancy laws and regulations. This course qualifies for the three-year Connecticut ethics requirement.
Course ID: ETHICSCT
Professional Ethics for Connecticut CPAs
LEARNING OBJECTIVES
- Participants will be able to:
- Understand the AICPA Code of Professional Conduct, along with recent changes
- Identify ethical threats and safeguards associated with members practicing in public practice, in business, or applicable to other members
- Identify the AICPA Code of Professional Conduct rules that are applicable to all members, including those in public practice and business
- Explain and apply the AICPA Code of Professional Conduct rules applicable to integrity and objectivity, independence, general standards, acts discreditable, commissions and referral fees, advertising, confidential information, and form of organization and name
- Understand the importance of and differences between the AICPA Code of Professional Conduct and Connecticut state laws and regulations
MAJOR TOPICS
- The conceptual framework
- Confidentiality and conflicts of interest
- Issues impacting attest services, including independence
- Issues impacting non-attest practices and engagements
- Issues impacting CPAs in industry
- Connecticut state laws and regulations
DESIGNED FOR
Active licensed CPAs in public practice or industry.FIELD OF STUDY
- Regulatory Ethics