Independence
Available Anytime
Location:
Online
4Credits
Behavioral
Registration is Open
FICPA Members
Nonmembers
$149.00 Regular Price
Product Code: AI23-IND4
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Regulatory Ethics
Overview:
Achieve independence
Understand professional independence rules in the accounting profession and how these principles may apply to you.
AICPA Code of Professional Conduct
Recall the AICPA Code of Professional Conduct and how it applies to you and your business.
AICPA independence standards
Recognize the AICPA's independence rules and how to apply them to you and your relationships, as well as the rules for accepting and serving firm clients.
SEC and PCAOB independence rules
Understand the additional independence rules that apply when serving SEC and PCAOB clients.
Objectives:
Learning Outcomes
- Recall the structure, application and content of the AICPA Code of Professional Conduct.
- Identify the steps involved in addressing an ethical issue using the conceptual framework.
- Recognize the fundamental concepts underlying the "Independence Rule" in the AICPA Code of Professional Conduct.
- Identify situations in which the independence rules apply to you and your family.
- Recognize the types of employment and business relationships and personal financial interests or relationships that create threats to your independence.
- Identify the requirements for performing nonattest services for an attest client and the types of nonaudit services that impact a firm's independence.
- Recall the types of business relationships with clients that create threats to independence.
- Recall the organization and application of the SEC and the PCAOB independence rules.
Major Topics:
Key Topics
- Conceptual Framework
- AICPA Code of Professional Conduct
- Independence
Designed For:
Who Will Benefit
- CPAs maintaining CPA license
- Accountants seeking an understanding of the AICPA Code of Professional Conduct
- Accountants seeking an understanding of the Independence Rules