Examines personal financial planning for college, a critical consideration affecting areas from cash flow planning to income taxation.
Learning Objectives
- Learning Outcomes
- Recall the steps involved in analyzing ethical matters.
- Recognize the structure and content of the AICPA code, including its underlying principles.
- Recall AICPA ethics rules and interpretations on integrity, objectivity, confidentiality, advertising, and accounting principles.
- Recall the conceptual framework approach embedded in the AICPA code.
- Recognize when independence is required.
- Identify the financial, family, and employment relationships that could threaten compliance with the independence rules.
- Recall the nonattest services that threaten independence.
- Recall when additional independence provisions (such as SEC, PCAOB, GAO, and DOL requirements) apply.
