A Practical Ethics Update for Maryland CPAs 2020-21
Description
Receive a fast-paced overview of ethics standards promulgated by the AICPA, State Societies, and State Board authorities as they apply to CPAs in public practice and industry.
Use case studies and group discussion to examine the connections between ethics principles, formal rules, and the profession’s public responsibility.
Understand how the new ethics codification and the conceptual framework for resolving ethical conflicts will alter current practice.
Receive up-to-the-minute coverage of evolving issues such as pressure in corporate reporting, conflicts of interest, and recent revisions to the Ethics Code
Learning Objectives
Upon completion of this course, participants will be able to:
To provide CPAs with an update of their ethical responsibilities under AICPA and state-based regulations. Case studies and practical examples will be used extensively.
Major Topics
Honesty, trust and the accounting profession
The structure of the ethics rules and the enforcement and disciplinary process.
The public interest and professional ethics – When and why conflicts exist
Morality and integrity, from individual, group & corporate perspectives
The Threats and Safeguards Approach to resolving ethical dilemmas
Using AICPA’s restructured Ethics Code
Recent ethics rules and enforcement actions
Maryland state-specific requirements and cases
Provider
Maryland Association of CPAs
Course Level
Update
Professional Area of Focus
Ethics
CPE Field of Study
Regulatory Ethics
4
Who Should Attend
Accountants in who need an overview of the ethics requirements that govern the professional services they provide to clients or employers.
Instructor(s)
Ray Thompson
Prerequisites
Prior learning or experience in management accounting
