Description
New accountants must seamlessly transition to a profession that relies heavily on conformance with technical and ethical standards. It is critical for CPAs to seek to serve the public interest with a strong sense of character, integrity, competence, and due professional care. In addition, CPAs must appropriately safeguard any threats to independence and objectivity.
Highlights
- The AICPA Code of Professional Conduct
- The Conceptual Framework for Independence
- Safeguarding independence when performing both attest and non-attest services
- Real-life difficult scenarios and ethical dilemmas commonly faced by new professionals
Objectives
- Describe what it means to be a professional
- Discuss courteous, conscientious, and businesslike behaviors
- Explain the importance of character, integrity, and serving the public interest
- Describe the importance of independence and objectivity
Designed For
Accountants new to the profession or new to auditing