Ethics for Accountants: Missouri
Credit Hours: 6
Category: Ethics/Regulatory Ethics
Requires Prerequisites or Advanced Preparation: No
Delivery Method: PDF
Instructor: Beacon Hill Financial Educators
This Beacon Hill Financial Educators course is designed to meet the six-hour ethics CPE requirement for CPAs renewing their licenses in Missouri. It covers current ethical issues and special topics in the accounting profession, the current edition of the AICPA Code of Professional Conduct (with examples and case studies), and selected portions of the Missouri Board of Accountancy General Rules, Code of Conduct, and CPE Requirements.
This course will cover the following topics:
- Define ethics in the context of being ethical versus acting ethically.
- Differentiate between being ethical and acting ethically
- Recognize the ethical conflicts that exist in the business environment
- Differentiate between utilitarianism and deontology.
- Explain how the ethics of care helps one differentiate between right and wrong.
- 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.
- Interpret recent ethical inquires received by the AICPA.
- Recognize the primary components that serve as the foundation of the AICPA ethical standards.
- Distinguish between the AICPA Principles of Professional Conduct.
- Distinguish between the AICPA Rules of the Code of Professional Conduct.
- Define the key terminology used in the Missouri General Rules.
- Recognize the primary requirements and procedures for renewal of Missouri individual licenses and firm permits.
- Define the rules with respect to professional conduct.
- Define the continuing professional education requirements for licensees.