Description:

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.

Learning Objectives:

After attending the 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.

Program Content:

The major topics that will be covered in this class 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.

Who should attend: CPAs in public practice and members in industry.

Developed By: Chris Harper, CPA

Instructor: Chris Harper

CPE Credit: 2.0

Field of Study: Regulatory Ethics

Prerequisites: None

Advanced Preparation: None

Format: QAS Self Study