- Recognize the importance of independence, when independence is required, and why you must be independent both in fact and in appearance.
- Apply the AICPA “Independence Rule” to personal matters by identifying the financial, family, and employment relationships that threaten your compliance with the “Independence Rule."
- Analyze the nonattest services and business relationships that threaten independence.
- Evaluate fee issues and their effect on independence and objectivity.
- Recall the additional independence provisions applicable to attest clients subject to SEC, PCAOB, the GAO, and the U.S. Department of Labor(DOL).
PLEASE NOTE: It may take up to 48 hours to process this registration and to gain access to the course. Also, in Michigan you may only earn ½ your yearly CPE requirement through self-study.
Applying the code of conduct and the independence rules to your work responsibilities can be challenging if you are not up to speed on the recent updates.
This self−study CPE course teaches you and your staff the AICPA, SEC, PCAOB, and U.S. Government ccountability Office (GAO) independence rules in an inventive and creative way.
You'll learn the most up−to−date AICPA, SEC, and GAO rules through:
- Interactive case studies
- Exercises
- Illustrative graphics
You'll also gain an understanding of the revised AICPA Code of Professional Conduct and conceptual framework, the main principles of ethics, and why the code is necessary in the first place.
Prerequisites:
None
Advanced Preparation:
None
- AICPA Code of Professional Conduct “Independence Rule”
- Ethics
- Activities that discredit the profession
- "Noncompliance with Laws and Regulations” (NOCLAR)
- Independence for nonattest services
- Business relationships that threaten independence
Individuals working toward a CPA license CPAs who want a refresher course on the AICPA code.
- Regulatory Ethics
- Catherine R. Allen
Member
Non-Member