CPAs who audit government entities or work in the public sector continuously seek to represent the profession with fair-mindedness and integrity. A solid understanding of ethical standards lies at the heart of this approach. In this 4-hour government based regulatory ethics course, we’ll cover many of these elements, including:
- A history of ethical standards including a discussion of ethics and morality,
- Which professional and regulatory agencies CPAs should be mindful of,
- Ethics and Independence Standards pronounced by the AICPA,
- Ethics standards for Federal and State government employees, and
- A review of ethics, independence and professional judgement pronouncements contained in Generally Accepted Government Auditing Standards (GAGAS).
Course Publication Date:
November 18, 2020
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: | Frank Castillo CPA |
| Course No: | ETH-GOVT-10370 |
| Recommended CPE: | 4.00 |
| Delivery Method: | QAS Self Study |
| Level of Knowledge: | Overview |
| Prerequisites: | None |
| Advanced Preparation: | None |
| Recommended Field of Study: | Regulatory Ethics
|
|
|
|
Learning Objectives
- Recall various ethical principles and values used by individuals when making decisions.
- Identify which regulatory bodies govern the practice of public accountancy.
- Recall which responsibilities are within the purview of the Public Company Accounting Oversight Board.
- Recall the correct sequence of steps CPAs should take when utilizing the AICPA conceptual framework.
- Identify principles expressed in the AICPA Code of Professional Conduct.
- Recall rules government employees are to abide by pertaining to financial conflicts of interest.
- Recall rules government employees are to abide by pertaining to supplementation of salary.
- Recall rules government employees are to abide by pertaining to bribery and illegal gratuities.
- Recall rules government employees are to abide by pertaining to restrictions on former government employees.
- Identify ethical principles including the GAGAS conceptual framework approach to independence.
- Recall ethical considerations specific to nonaudit services.
- Identify quality control procedures audit organizations should adopt to ensure compliance with GAGAS independence standards.