Ethics for Accountants: New York (Tax Concentration)
Credit Hours: 4
Category: Ethics/Regulatory Ethics
Requires Prerequisites or Advanced Preparation: No
Delivery Method: PDF
Instructor: Beacon Hill Financial Educators
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 course provides ethical guidance in a tax practice, for those who choose to take their required continuing education in the area of taxation.
This course will cover the following topics:
- Define ethics in the context of being ethical versus acting ethically.
- Identify the steps to apply one's own sense of right and wrong to ethical dilemmas.
- 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.
- 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 duties the CPA has in preparing taxes.
- Recognize the circumstances under which a CPA should not recommend a tax position.
- List the grounds for omitting an answer to a question on a tax return
- Define the duties and restrictions relating to practice before the Internal Revenue Service.
- Recognize the requirements for practicing public accountancy in New York.
- Recognize the general provisions of the Rules of the Board of Regents.