Ethics for Accountants: New York
SKU: CPE-07-138
Credit Hours: 4
Level: Overview
Category: Ethics/Regulatory Ethics
Requires Prerequisites or Advanced Preparation: No
Delivery Method: PDF
Instructor: Beacon Hill Financial Educators
Course Description:
This 4 hour Beacon Hill Financial Educators course meets the State of New York Office of Professions, Education Department ethics continuing education requirement for public accountants and certified public accountants licensed in the state. This is a professional ethics course—It covers current ethical issues in the accounting profession and an introduction to the AICPA Code of Professional Conduct. The New York section covers the State Education Law, the Rules of the Board of Regents, and the Regulations of the Commissioner of Education. Case studies are provided to help illustrate the New York and AICPA rules.
This course will cover the following topics:
- Define ethics in the context of being ethical versus acting ethically.
- Identify the types of accounting services in which the fiduciary standard applies.
- Recognize the circumstances under which conflicts of interest can arise when a variety of accounting services are offered by a CPA or firm.
- Differentiate between rules-based, principles-based, and objectives-oriented accounting.
- Recognize the recent developments in reporting and standards-setting for small and medium-sized businesses and firms conducting business overseas.
- Interpret recent ethical inquires received by the AICPA.
- Recognize the primary components that serve as the foundation of the AICPA ethical standards.
- Differentiate between the AICPA Principles of the Code of Professional Conduct.
- Recognize the requirements for practicing public accountancy in New York.
- Recognize the general provisions of the Rules of the Board of Regents.