About this Course
Topics covered include:
Framework of Ethical Thought;
The Culture of 'Me' Mortgage Crisis of 2007-2010;
Toronto Dominion Bank;
Case Study: Ignoring the Whistleblowers;
Codes of Conduct for CPAs;
Behaving Ethically: Putting the Rules into Action;
Colorado Statutes and Rules that pertain to CPAs licensed to practice in the state of Colorado.
Upon completing this course, you should be able to:
Identify licensees in ethics of professional accounting as CPAs
Recognize the intent of the AICPA; Code of Professional Conduct and Colorado Rules & Regulations in the performance of professional accounting services/work, not to adhere to the mere technical compliance of such rules;
Describe how to assist the CPA in applying ethical judgment in interpreting the rules and determining public interest. Public interest should be placed ahead of self-interest, even if it means a loss of job or client;
Differentiate the AICPA Code of Professional Conduct and the Colorado Rules and Regulations and their implications for persons in a variety of practices;
Identify and describe the major normative ethical schools of thought;
Recognize the main steps to a CPA applying threats to independence;
Describe the due care principle under Rule 9.1.D;
Identify how to rebuild moral character;
Recognize when ethical conflicts arise;
Identify signs of an organization on the verge of an ethical collapse;
Differentiate what constitutes an Acts Discreditable;
Describe when a contingent fee for services may be taken.