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Course Details

Overview of Topics

  • The composition of Connecticut Board

    2 mins
  • Requirement of Firm licence

    20 mins
  • Multi-jurisdictional Practitioners

    25 mins
  • Quality (Peer) Review

    35 mins
  • How a professional should behave according to ethical guidelines of Board

    49 mins
  • Disciplinary action that may follow non-compliance of ethical rules

    120 mins

Course Description

There are specific requirements and guidance set by every state board to regulate and govern standard practices for CPAs and provide protection to the public. Despite the established statutory and regulatory guidelines being clear and concise, there arises certain new situations where guidance of learned and established practitioners can play a significant role.

L. Keith Jordan, CPA with over 40 years of experience discusses statutory and regulatory ethics requirements for CPAs concerting the state of Connecticut, along with other authoritative guidance. It covers basic guides such as:
  • Board authority, scope, composition, and responsibilities
  • Individual licensee requirements, including CPE
  • Firm requirements
  • Professional conduct requirements
The webinar delves deep into the subject with the following key areas:
  • Discussion of the AICPA Conceptual Framework, and of discreditable acts
  • Board communications
  • Board complaints, investigations, and hearings
  • Board sanctions
Given the unique value addition, this is a must webinar for CPAs practicing in the state of Connecticut...!

Webinar Qualifies for

  • 4 CPE credit of Ethics for all Connecticut CPAs
  • 4 General Educational credit for Tax Professionals/Bookkeepers/Accountants

Learning objectives

  • To identify laws, rules, and regulations concerning CPAs practicing in Connecticut, and apply them to ethical situations.
  • To apply laws, rules, and regulations concerning CPAs practicing in Connecticut.
  • To recognize ethical situation in practice of laws, rules and regulation concerning CPAs practicing in Connecticut.
  • To educate CPAs with practical examples and cases concerning ethical situations.

About Presenter

L. Keith Jordan, CPA

Owner,L. Keith Jordan, CPA

kjordan@lkjcpa.com



L. Keith Jordan is a Certified Public Accountant based in Texas. He has been an accountant for over 40 years and has been a Controller in both industrial and academic settings.

Mr. Jordan maintained a sideline practice for many years, and was a QuickBooks ProAdvisor for more than 18 years. He joined the Certified ProAdvisor program shortly after it started, and ended his participation during 2019 because his full-time practice had become focused on his CPE course creation and delivery efforts.

Mr. Jordan is a published author of numerous CPE courses. Some of these courses involve accounting and productivity software such as QuickBooks; Adobe Acrobat; Microsoft Excel and Access; Google Sheets and Forms; and LibreOffice Calc and Base, and many of these courses teach students how to use code scripting and other techniques to create a dynamic, interactive experience for users. Other CPE courses involve regulatory and behavioral ethics for CPAs, where Mr. Jordan is a contributing author or the sole author.

Review Questions

  • Question 1 : 00:15
  • Question 2 : 00:30
  • Question 3 : 00:45
  • Question 4 : 01:00
  • Question 5 : 01:15
  • Question 6 : 01:30
  • Question 7 : 01:45
  • Question 8 : 02:00
  • Question 9 : 02:15
  • Question 10 : 02:30
  • Question 11 : 02:45
  • Question 12 : 03:00
  1. How can a CPA become a member of the Board of Accountancy?
  2. Ted is a current member of the Board of Accountancy, but he is not well regarded by his fellow members. In fact, they would like to see him removed from the Board. Can Ted be removed from the Board before his term ends?
  3. Jay submitted his application for license renewal to the CT Board of Accountancy on January 31. Is he in compliance with Board requirements?
  4. John wants to take a course in a subject not specifically mentioned in the Board regulations. Who is ultimately responsible for determining that the course is acceptable and meets requirements of Board regulations before John claims CPE credit?
  5. Bridgeport Tax and Consulting is a CT firm equally owned by 6 CPAs and 3 non-CPAs. Shelley Kraus, a non-CPA, has offered to make a 15% investment in the firm as a silent partner with a 10% share of limited voting rights. Will the firm be able to accept her offer?
  6. John is a Texas CPA licensee with practice privileges in Connecticut. The Connecticut Board of Accountancy has received a complaint against John and is serving him with a subpoena. Who acts as the agent for process service in this situation?
  7. Carl is a CT CPA due for a quality review. He works as the Controller, and as the Database and Network Administrator for Decision Industries (DI). Part of his duties as Controller are to prepare financial statements for in-house use. He also has a sideline practice as a software programmer and database designer. Which of these items will be included in a quality review?
  8. Jim has filed a whistleblower complaint against his employer. Which of the following threats to his objectivity does Jim face?
  9. The CT CPA firm of Greene, Stedman, and White, CPAs, LLP was formed eight years ago, specializing in federal income tax preparation. Three years ago, Greene and Stedman were killed in an accident. White has now decided to secure additional capital through a silent partnership with Shaw, who is not a CPA but has a substantial inheritance to invest for a 51% share of the firm. White is changing the name of the firm to reflect a reorganization. Which of the following names would comply with CT requirements?
  10. Julie is a CT CPA. Her recent engagement with Halforth, Inc. included preparation of year-end depreciation entries. The client has asked for a copy of the depreciation schedules. Which of the following statements is correct?
  11. Board Regs. Sec. 20-280-15c(k) and AICPA ET Section 0.200.020.04 are worded somewhat differently concerning practitioners “acting through others.” Which guidance should be followed?
  12. Jane is a CT CPA with a valid license and permit, and a growing practice. She was just tried for felony fraud related to an insurance referral scheme and convicted under CT Statutes. Considering only Chapt. 389 Sec. 20-281a and h, which of the following is correct?
  1. What is the composition of the CT Board of Accountancy?
  2. Bob is rapidly approaching the end of the CT CPE reporting period, and he has earned only 10 hours. How many hours can he carryover from the previous reporting period?
  3. Sue has supporting documents for CPE she has earned for the last five years. How many years can she destroy and be in compliance with CT requirements?
  4. Jason’s CT firm has grown to five CPAs. Now they are looking for potential partners with expertise from several different disciplines. Assuming they add no more CPAs to the firm right now, what is the maximum number of non-CPA partners the firm can currently add?
  5. The home office for Linda’s CPA firm is located in Tennessee, but she has numerous clients in Connecticut as well. Which of the following is the agent of process for Linda’s firm under CT statutes?
  6. John’s CT firm just completed their initial quality review. How often does the firm have to undergo subsequent CT quality reviews?
  7. John’s firm needs to request a waiver of quality review from the CT Board. Which of the following statements is correct?
  8. Jenny’s firm is undergoing a quality review in CT. When must she file the quality reviewer’s report?
  9. When faced with conflicting authoritative guidance, whose guidance should CT licensees consider controlling?
  10. Jack is a CT licensee. He has been asked to represent a potential client in a Texas tax matter. If the client’s position is is clearly insupportable, can Jack advocate for the client’s position and still maintain his integrity and objectivity in accordance with the CT Code of Professional Conduct?
  11. Susan has been approached to perform attest services for Community Federal Credit Union (CFCU). In which of the following situations, present prior to and continuing during the engagement period, would she be able to accept the engagement and still be in compliance with CT Rules of Conduct?
  12. The Board Regs. Sec. 20-280-15c indicates that a licensee should reasonably expect to complete engagements with due professional competence. Compliance, where applicable, with two subsections is mentioned in order to meet this requirement. Which of the following are the topics of these two subsections?
  13. Audrey is a CT CPA and solopreneur. Last year, she accepted a professional engagement to review a client’s financial statements for a bank loan. She performed these services while dealing with a lengthy and rather serious illness. Now she is being sued because of an omission in her work that resulted in a substantial loss to her client’s bank that relied on Audrey’s work. Has Audrey violated CT Rules of Professional Conduct concerning incompetence?
  14. Jeff is a CT CPA working for Inco Industries. Last week, he agreed to understate income on a quarterly tax report for the owner who could not pay the taxes due. The owner agreed that the next quarterly tax report would be overstated to compensate. Has Jeff violated the CT Rules of Professional Conduct?
  15. Susan is a CT CPA. She recently left her old employer for a new job because of a compensation dispute. This morning, she told her new boss about information she learned in connection with a client engagement performed at her old firm. Is Susan in compliance with CT Rules of Professional Conduct?
  16. Jason’s firm is looking for a new advertising slogan. Which of the following would violate CT Board regulations regarding advertising?
  17. Rita is a registered CT holder of a certificate of “certified public accountant.” In which of the following ways would her use of the CPA designation violate CT statutes and Board regulations?
  18. Two years ago, John completed an engagement for MaryCo. This morning, John received a request from MaryCo for the depreciation entries and adjusting entries related to that engagement. John has already supplied this information twice. Which of the following is correct?
  19. Which of the following statements concerning CT notification requirements is correct?
  20. Which of the following statements is correct concerning Board sanctions?

Disclaimer

All jurisdictions accept courses from Registry sponsors to a certain extent. However, some jurisdictions have additional requirements. You can see which jurisdictions have these requirements here: https://www.nasbaregistry.org/cpe-requirements

FAQ

  • myCPE self-study courses are online.
  • The self-study format allows you to access the material online 24/7 and study at your own pace.
  • As per NASBA guidelines, you have one year from date of registration to complete each program.
  • Complete your final exam at any time and get CPE Credit instantly. You can retake the exam multiple times without any additional charges.
  • Course have minimum passing score of 70% and test takers will not be provided feedback on failed exams.
  • These are Live recorded presentations converted into Self Study (On-Demand Videos).

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  • For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128
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Reviews

4.8
(5)
80%
20%
0%
0%
0%
  • AP
    Andre Perez
    Nov 10th 2020
    Excellent
JT
Joseph Tomczyk , CFP, EA, EA, CFP
LOVE IT!

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MY-CPE LLC (Sponsor Id#: 143597) 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: www.NASBARegistry.org.

On-Demand Webinars

IRC 199A: 2 YEARS IN – KEY OVERLOOKED PLANNING INITIATIVES
Wednesday, November 11, 2020 View Details/Register
PASSIVE LOSS ISSUES WITH SCHEDULE K-1S
Wednesday, November 11, 2020 View Details/Register
IRS TAX PRACTICE & PROCEDURE INTRODUCTION
Friday, November 06, 2020 View Details/Register
BEST TAX RETURN WORKSHOP ON Partnerships & LLCs (FORM 1065) - 2020 UPDATES
Friday, November 06, 2020 View Details/Register
ITEMIZED DEDUCTION UPDATES - WITH EXAMPLES & CASE STUDIES
Thursday, November 05, 2020 View Details/Register
COVER YOUR ASSETS: FRAUD AND INTERNAL CONTROLS
Monday, November 02, 2020 View Details/Register
Excel Accountant: CREATING ERROR-FREE EXCEL SPREADSHEETS
Monday, November 02, 2020 View Details/Register
HOW TO ANALYZE YOUR CLIENT’S TAX SITUATION
Monday, November 02, 2020 View Details/Register
BEST TAX RETURN WORKSHOP ON S CORPORATION (1120S) - 2020 Updates
Friday, October 30, 2020 View Details/Register
IRS PENALTIES, ABATEMENTS, AND REASONABLE CAUSE
Wednesday, October 28, 2020 View Details/Register
YELLOW BOOK BOOT CAMP - NFP AND GOVERNMENTAL ACCOUNTING & AUDITING UPDATE
Wednesday, October 28, 2020 View Details/Register
IS IT DEDUCTIBLE: COMMONLY ASKED IRS DEDUCTIONS (UPDATED 2020)
Wednesday, October 28, 2020 View Details/Register
YELLOW BOOK BOOT CAMP – INTRODUCTION TO NFP AND GOVERNMENTAL ACCOUNTING & AUDITING
Monday, October 26, 2020 View Details/Register
Ethics for Wyoming CPAs
Friday, October 09, 2020 View Details/Register
CPA & ACCOUNTANTS: WHAT YOU SHOULD KNOW ABOUT CREDIT CARD SURCHARGING & IT'S LEGALITY
Thursday, October 22, 2020 View Details/Register
  • Cost FREE
  • CPE Credits 4
  • Subject Area Ethics (Regulatory)
  • Course Level Basic
  • Instructional Method QAS Self Study
  • Prerequisites None
  • Advanced Preparation None
  • Published Date August 05 ,2020
  • Who should attend? Accountant Business Owner CPA - Small Firm CPA - Mid Size Firm Accounting Firm CPA (Industry) Auditors Young CPA CPA in Business Entrepreneurial CPA Accounting Practice Owners Finance Director Senior Accountant VP Accounts Accounts Director Cloud Accountants Accounting Managers Staff of Accounting Firm
  • Handout Material Download
  • Key Terms Download

On-Demand Webinars

IRC 199A: 2 YEARS IN – KEY OVERLOOKED PLANNING INITIATIVES
Wednesday, November 11, 2020 View Details/Register
PASSIVE LOSS ISSUES WITH SCHEDULE K-1S
Wednesday, November 11, 2020 View Details/Register
IRS TAX PRACTICE & PROCEDURE INTRODUCTION
Friday, November 06, 2020 View Details/Register
BEST TAX RETURN WORKSHOP ON Partnerships & LLCs (FORM 1065) - 2020 UPDATES
Friday, November 06, 2020 View Details/Register
ITEMIZED DEDUCTION UPDATES - WITH EXAMPLES & CASE STUDIES
Thursday, November 05, 2020 View Details/Register
COVER YOUR ASSETS: FRAUD AND INTERNAL CONTROLS
Monday, November 02, 2020 View Details/Register
Excel Accountant: CREATING ERROR-FREE EXCEL SPREADSHEETS
Monday, November 02, 2020 View Details/Register
HOW TO ANALYZE YOUR CLIENT’S TAX SITUATION
Monday, November 02, 2020 View Details/Register
BEST TAX RETURN WORKSHOP ON S CORPORATION (1120S) - 2020 Updates
Friday, October 30, 2020 View Details/Register
IRS PENALTIES, ABATEMENTS, AND REASONABLE CAUSE
Wednesday, October 28, 2020 View Details/Register
YELLOW BOOK BOOT CAMP - NFP AND GOVERNMENTAL ACCOUNTING & AUDITING UPDATE
Wednesday, October 28, 2020 View Details/Register
IS IT DEDUCTIBLE: COMMONLY ASKED IRS DEDUCTIONS (UPDATED 2020)
Wednesday, October 28, 2020 View Details/Register
YELLOW BOOK BOOT CAMP – INTRODUCTION TO NFP AND GOVERNMENTAL ACCOUNTING & AUDITING
Monday, October 26, 2020 View Details/Register
Ethics for Wyoming CPAs
Friday, October 09, 2020 View Details/Register
CPA & ACCOUNTANTS: WHAT YOU SHOULD KNOW ABOUT CREDIT CARD SURCHARGING & IT'S LEGALITY
Thursday, October 22, 2020 View Details/Register