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Are you a California CNA?
This Florida Board-approved ethics course for CPAs underscores the importance of ethical standards in maintaining public trust, providing a review of Chapters 455 and 473, F.S., and the related administrative rules. It explores ethical leadership, advocating for role models who exemplify integrity and foster ethical organizational cultures. The curriculum emphasizes the necessity of ongoing education to adapt to evolving regulations and technologies. Through case studies, it offers real-world scenarios to apply ethical principles, highlighting the importance of reporting mechanisms for addressing misconduct. Chapter 7 covers Florida Ethics, including a review of key sections within Chapter 61H1: Administrative Code, Chapter 473: Regulation of Professions and Occupations – Public Accountancy, and Chapter 455: Business and Professional Regulation: General Provisions.
Course Publication Date: May 20, 2025
This course is available with NO ADDITIONAL FEE if you have an active all access membership or ethics membership or can be purchased for $49.00!
| Author: | Tyler Thompson CPA, EA |
| Course No: | ETH-FL-93025 |
| Recommended CPE: | 4.00 |
| Delivery Method: | QAS Self Study |
| Level of Knowledge: | Overview |
| Prerequisites: | None |
| Advanced Preparation: | None |
| Recommended Field of Study: | Regulatory Ethics
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Learning Objectives
- Evaluate the significance of ethical practices in the accounting profession to maintain public trust and comply with regulatory standards.
- Identify the key principles of the AICPA Professional Code of Conduct and explain their importance in promoting ethical behavior among CPAs.
- Assess the impact of different types of threats on a CPA's ability to comply with the AICPA Professional Code of Conduct and determine appropriate safeguards.
- Analyze ethical dilemmas using various ethical decision-making models and apply professional judgment to resolve these dilemmas in line with ethical principles.
- Evaluate the role of professional judgment in resolving ethical dilemmas and understand the challenges in applying it effectively in various accounting scenarios.
- Identify how to manage conflicts of interest and maintain independence in accounting and tax practices, understanding the ethical implications and strategies for upholding professional integrity.
- Assess the ethical implications of emerging technologies in accounting and tax practices, with a focus on maintaining data privacy, security, and the integrity of professional services.
- Interpret the roles and responsibilities of various regulatory and professional bodies affecting CPAs, including State Boards of Accountancy, NASBA, AICPA, SEC, PCAOB, GAO, DOL, IRS, and IFAC, and understand their impact on ethical practices and compliance in accountancy.
- Compare and contrast the International Ethics Standards Board for Accountants (IESBA) Code of Ethics with the American Institute of Certified Public Accountants (AICPA) Code of Professional Conduct, focusing on their scope, applicability, structure, independence requirements, and enforcement mechanisms.
- Demonstrate an understanding of the comprehensive responsibilities of CPAs in upholding public trust through adherence to ethical standards, integrity, professional competence, transparency, independence, fraud detection, and contributing to societal and environmental considerations.
- Examine the critical role of CPAs in fostering ethical leadership and culture within their firms, maintaining ethical boundaries with clients, and navigating ethical dilemmas in client interactions, emphasizing the importance of integrity, transparency, and professional judgment in enhancing public trust and firm reputation.
- Analyze the importance and mechanisms of reporting and whistleblowing within CPA firms, including understanding the challenges whistleblowers face, the consequences of ethical violations for CPAs, and the broader implications on firms, clients, and the public trust.
- Recall the significance of continual learning and ethical development in adapting to changing standards, embracing emerging technologies, and upholding the profession's integrity through informed professional judgment and ethical decision-making.
- Analyze the requirements for CPA licensure in Florida, including educational, experience, moral character, and continuing education requirements, to ensure comprehensive understanding and compliance and various other statutes in Chapters 473 and 455.
- Evaluate ethical dilemmas, emphasizing the application of ethical principles, stakeholder analysis, and potential outcomes to uphold integrity and public trust in generic auditing scenarios.
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