Overview:
By now, we should all understand the ethical obligations we have as CPAs. So, theoretically, if we just all agree to remain ethical, we should not have CPA ethical violations. But, of course our professional ethics committees still have plenty of cases to investigate. This session will examine several recent high-profile--but non-CPA--ethics cases and evaluate why they happened, how they could have been prevented, and whether a typical CPA would have committed the same transgression. By examining the ethical flaws in other professionals, we should gain a better understanding of our own ethical compasses.
Objectives:
- Ethical frameworks
- AICPA and Yellow Book threats and safeguards
- Ethics rules of other professions
- Why conflicts of interest are often the greatest ethical issues to deal with
Major Topics:
Ethical frameworksThreats and safeguards to objectivity and independenceEthics rules for lawyers, investigators, journalists, medical researchers, engineers, and prosecutorsThe Arthur Andersen case
Major Topics:
Ethical frameworksThreats and safeguards to objectivity and independenceEthics rules for lawyers, investigators, journalists, medical researchers, engineers, and prosecutorsThe Arthur Andersen case
Designed For:
Accountants and auditors at all levels
Prerequisites:
None