Practitioners need to exercise caution to ensure they maintain independence as they assist their clients with reviews, audits, and compilation engagements. This course provides a roadmap to best practices and guidance provided by the AICPA's Code of Professional Conduct and analyzes and applies it to actual scenario-based case studies, providing accounting professionals with ethical standards to integrate into their practices. This event may be a rebroadcast of a live event and the instructor will be available for questions during the event.
Learning Objectives
After attending this presentation, you will be able to... Apply key strategies in maintaining independence in client engagements. Assess circumstances that threaten independence. Identify safeguards that may reduce independence threats to an acceptable level. Apply ethical guidance to scenarios that accounting professionals may encounter in public practice.
Major Topics
The major topics covered in this course include: Review the AICPA's Code of Professional Conduct. Provide best practice tips and practical strategies for preserving independence when assisting clients with technical matters. Discuss the principles of professional conduct. Address compliance with professional standards. Use case studies to address circumstances that may create threats to independence.
