Ethics and Technology for CPAs

Overview

This course will explore the ethical principles included in the Code of Professional Conduct that address emerging practice issues created by new technologies. Consider the how technologies could impact audit quality and the integrity of the financial systems and whether they create a need for CPAs to change their skill sets to address those challenges. Discuss the changes being proposed by the profession to address emerging ethics challenges. Consider whether there are new ethical challenges created by the data related to privacy, security, and its application.

Prerequisites

None

Objectives

• Recognize the ethical challenges created by emerging technologies such as artificial intelligence and the foundational principles included in the Code of Professional Standards
• Recall the ethical imperative to remain competent in this new environment in order to serve in the public interest
• Consider whether current ethics standards address all of the challenges associated with data privacy and security.

Highlights

• The foundational ethical principles CPAs are required to follow and how these principles apply to audit quality, data privacy and security, and the use of emerging technologies
• The profession's need to change to meet its ethics standard in a technology-centric environment
• Changes being considered by the AICPA and the National Association of State Boards of Accountancy that could impact the profession.