| EGEN
GENERAL ETHICS FOR ACCOUNTANTS
Learning Objective:
This course is designed to provide practitioners with a basic understanding of ethics, with a focus on managing ethics in the workplace. It also covers the AICPA’s Code of Professional Conduct, Statements on Standards for Consulting Services, and the disciplinary systems within the accounting profession.
MAJOR TOPICS:
This course will help you to:
- Define ethics.
- Differentiate between amoral and ethical values.
- List and characterize two systems of ethics.
- Differentiate between legal versus ethical codes.
- Discuss the development of law and ethics.
- List examples of philosophers who contributed to the development of ethics.
- How culture, motivation, power, and business ethics are related
- Describe what is meant by business ethics.
- List and identify myths about business ethics.
- Explain how to develop ethics management programs.
- Understand the AICPA Code of Professional Conduct’s rulings and principles.
- Outline ethics rulings on independence.
- List consulting services prohibited by the Sarbanes-Oxley (SOX) Act of 2002.
- Outline the standards for tax services.
- Explain disciplinary mechanisms within the profession.
- List the key features of corporate responsibility law (Sarbanes-Oxley act).
- Understand the level of competence required by accountants (CMAs) and financial managers (CFMs).
- Distinguish between the concepts of confidentiality and integrity.
- Outline and clarify a method of resolution of ethical conflict.
CPE Credit: 2 hrs. Regulatory Ethics, 2 hrs. Behavioral Ethics
Level of Knowledge: Basic
Prerequisites: None
Advance Preparation: None |
