Surgent's Ethical Considerations for CPAs

Thursday, June 23, 2022
Webcast or Webinar, Online
1:00 PM - 3:00 PM (opens at 12:30PM) EST
2Credits
Behavioral

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$99.00 Regular Price
Non-Members
$129.00 Regular Price
Course Type: Webcast
Course Code: 22/SUECCP04
Level: Intermediate
Vendor: Surgent
Field of Study: Regulatory Ethics

Overview:

As accounting firm's non-attest offerings to their attest clients become more diversified, such engagements increase firms' exposure to independence violations. In order to thread the needle of providing value-added services and upholding their independence obligations, firms need to have a strong foundational understanding of the applicable ethical and independence rules which govern these engagements. In this course, we'll review the relevant sections of the AICPA Code of Professional Conduct regarding independence, objectivity, and conflicts of interest. The course will focus on the Code's Independence Rule and common threats to auditor's independence. In particular, the course will focus on those unique considerations related to non-attest services, both from the perspective of AICPA interpretations and other applicable rules and regulations. PLEASE NOTE: THIS COURSE COVERS GENERAL ETHICS AND IS APPLICABLE IN STATES IN WHICH STATE-SPECIFIC ETHICS IS NOT REQUIRED.

Objectives:

  • Identify the key sources of guidance on auditor independence
  • Recall key components of applicable independence guidance from the AICPA, SEC and other regulators
  • Assess independence risks related to common client situations

Major Topics:

  • Auditor independence and its importance to the public accounting profession
  • Common threats to auditor independence
  • AICPA’s framework for assessing conflicts of interest
  • Unique threats related to non-attest services to attest clients
  • Common safeguards to help assure compliance with relevant rules and regulations

Major Topics:

  • Auditor independence and its importance to the public accounting profession
  • Common threats to auditor independence
  • AICPA’s framework for assessing conflicts of interest
  • Unique threats related to non-attest services to attest clients
  • Common safeguards to help assure compliance with relevant rules and regulations

Designed For:

All CPAs

Prerequisties:

Experience in financial reporting
CPE sponsors

The Florida Institute of Certified Public Accountants (FICPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org