In Person-Live
Beer & Ethics - Case Studies & Concerns
Thursday, November 30, 2023 | 4:00 pm - 6:50 pm
North Peak Brewing Company Traverse City, MI
Course # 152945 | by MICPA
Members SAVE $20
$99.00
Member
$119.00
Non-Member
Speakers: Christopher J. Harper
Time: 4:00 pm - 6:50 pm
Total Credits: 2.0
Earn Up To: 1.0 ET, 1.0 MI credits
Level: Overview
Vendor: MICPA

What you will learn

Join us for a learning event like no other as we take a tour of a local brewery and learn more about the process by which Michigan craft beer is made. Enjoy networking with your peers as you munch on appetizers and taste the taps and then enjoy a 100-minute Ethics session.

In the ethics session:

  • Apply key strategies in maintaining independence in client engagements 
  • Better understand the AICPA's Code of Professional Conduct 
  • Assess circumstances that threaten independence 
  • Understand how safeguards may reduce independence threats to an acceptable level
  • Recall sections of Michigan Statute and Administrative rules affecting their CPA License.

Description

This join session features two separate 50-minute ethics sessions offered together in one program. Topics discussed will be:

Upholding Independence While Holding Your Client's Hand
Many entities look to their CPA as a trusted advisor when tackling complex accounting topics. This is more relevant now than ever. The FASB's big three accounting pronouncements involving revenue recognition, leasing and credit losses have placed a magnifying glass on this reality. Practitioners need to exercise caution to ensure they maintain independence as they assist their review and audit clients with such matters, as well as with compilation engagements. This course addresses these issues and explores best practices and guidance provided by the AICPA's Code of Professional Conduct.

Michigan Specific Ethics - The Impact of State Statute & Administrative Rules on Your CPA License
Explore matters such as qualified CPE, firm licensure requirements, prohibited conduct and more. We guide you on a deep dive into Michigan’s accountancy law and administrative rules to help you steer clear of any violations. Explore case studies and ask the experts your questions about licensure and compliance with Michigan’s accountancy act.

 

Prerequisites:
Basic knowledge of professional ethics in accounting

Advanced Preparation:
None

 

Upholding Independence While Holding Your Client's Hand

  • Discussion of circumstances that may cause recent FASB pronouncements to introduce threats to independence
  • Review the AICPA's Code of Professional Conduct
  • Provide best practice tips and practical strategies for preserving independence when assisting clients with technical matters.

Michigan Specific Ethics

  • Common issues facing Michigan CPAs such as:
    • Firm licensure and ownership requirements
    • The practice of public accounting
    • Confidentiality, disclosure of information and record retention
  • CPE requirements and license renewal FAQs
  • Common licensing issues and misconceptions

CPAs in public practice and members in industry

  • Regulatory Ethics
  • Christopher J. Harper
MICPA delivers the highest quality education experience. If you are not satisfied with your course, call us at 1.855.594.4273. We will make it right.