Roadmap to Ethical Decision Making

Overview

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.

Prerequisites

None

Objectives

• 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.

Highlights

• 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.