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A 2007 UPDATE ON ETHICAL RESPONSIBILITIES IN
TAX PRACTICE, OUTSOURCING, AND INDEPENDENCE
This course provides CPAs in public practice with an update of their ethical responsibilities under AICPA regulations. Emphasis will be on the practitioners who provide compilations, reviews or audits, as well as a range of other services for closely held businesses. Case and examples will be used extensively.
MAJOR TOPICS:
- Tax Positions: Ethics and Reporting Issues
- The fallout from tax shelters
- AICPA and the ethics of tax practice
- Recent PCAOB rules
- IRS Circular 230
- FASB and uncertain tax positions
- Outsourcing
- Background and history
- Rule 102, Disclosure
- Rules 201 & 202: Compliance with Standards
- Rule 301: Confidentiality
- Independence and Ethics Alert
- Financial relationships
- Other current issues
DESIGNED FOR: Accountants in public practice who need an overview of the ethical requirements that govern the issuance of financial statements.
CPE CREDIT: 2 hours, Regulatory Ethics
LEVEL: Update
PREREQUISITES: None |
