General and State Ethics for Arizona CPAs

Learning Objectives

• To examine the philosophical aspects of ethics.
• To understand the “trust” function in our society.
• To discuss definitions of terms that are necessary to understand ethics.
• To understand the newer rules of Independence.
• To describe the applicability of the rules.
• To identify the purpose of ethics and code of ethics.
• To recognize ethics and introduce various philosophical aspects of ethics.
• To introduce the Composition, Applicability, and Compliance aspects of the American Institute of Certified Public Accountant’s Code of Ethics.
• To identify the Principles that provide the overall environment of the Code of Ethics.
• To recognize the applicability of the AICPA Code of Ethics.

Course Description

This course satisfies the Board of Accountancy's Four-hour ethics requirement for Arizona CPAs One or more significant assumptions do not provide a reasonable basis for the prospective financial statements One or more significant assumptions do not provide a reasonable basis for the prospective financial statements.  It covers what ethics are and some of the different approaches to ethics. The course covers much of the AICPA Code of Ethics and many interpretations of the Code, particularly in the independence area.

This CPE course also covered the following major topics:

• Professional Standards/Pronouncements and Recent Changes and Additions.
• Continuing Education (CE) and CE Reporting Requirements.
• Commissions and Contingent Fees.
• Common Violations/Complaints.
• Recent Relevant Court Decisions.
• The ethics of other professions such as attorneys and internal auditors are discussed and compared to the CPA code of ethics. 
• Relevant court cases and the current Enron case are discussed.

Unit Titles:

• Purpose of the Code of Ethics
• Principles of Ethics
• Rules of Ethics
• Arizona rules for CPAs
• Interpretations of the Code of Ethics
• Ethics of Other Professions, Cases, and Current Ethical Problems

This ethics webinar is part of our myCPE package for Arizona CPAs subscribe to the package and get our premium webinars at a discounted price.

Overview

• AICPA Code of Professional Conduct

  3 mins
• Acts Discreditable Rule

  22 mins
• Arizona Statutes and Regulations

  59 mins
• CPE Requirements

  79 mins
• The Emphasis of This Workshop

  110 mins
• Ethics as "Ought" and "Ought Not"

  139 mins
• The Court's Ruling

  175 mins