A Basic Ethics Guidebook for Virginia CPAs

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Course Information
Cost
$54.99

A Basic Ethics Guidebook for Virginia CPAs - 2024

Recommended CPE Hrs: 2 CPE credit hours will be granted based on a 50-minute hour in accordance with the standards of the National Registry of CPE Sponsors.

Prerequisites: None

Field of Study: Regulatory Ethics

Program level: Basic

Advance Preparation: None

Program Description:
A CPA is challenged in today’s work world to not only serve his/her client or employer but also to protect the public interest by ensuring that there is transparency in financial reporting or there is fair administration of the tax laws. In balancing the two interests, a CPA may find him or herself in an ethical dilemma. This course covers not only basic ethical frameworks, but also specific rules from the Virginia Statutes and Administrative Code as well as the AICPA Code of Professional Conduct governing CPA practice and responsibilities. To illustrate these rules, this course will examine a number of real-life case studies. Course is designed to be presented as a live seminar, on-demand, online self-study, or live webcast.

Course Format 
Online Course Content

Consists of reviewing online content (usually course instructions and a course survey), and completing online assessments.

Self Study Download

PDF file is provided for self-study after the course is purchased.

Optional Video

If provided, an optional video presentation of the course can be viewed.  It does NOT waive the review of any other required course element when available.

Optional Slide Presentation Download

If provided, a PDF file of the slide presentation used in the live lecture can be viewed.  It does NOT waive the review of any other required course element when available.

Course Objectives 

Learning objectives:

  1. To educate Virginia licensees in ethics of professional accounting as CPAs.
  2. To convey the intent of the Virginia Statutes and Administrative Code as well as the AICPA Code of Professional Conduct and/or specific state board rules in the performance of professional accounting services/work, not to adhere to the mere technical compliance of such rules.
  3. To assist the Virginia 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.
  4. To review and discuss the Virginia Administrative Code and Regulations and the AICPA Code of Professional Conduct and their implications for persons in a variety of practices, especially:
    1. Use of the CPA title
    2. Mobility/reciprocity
    3. Firm license dos and don’ts
    4. Engagement letters

 

Applicable State(s) 
Virginia