Basic Ethics Guidebook for New York CPAs
 
Course 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 AICPA Code of Professional Conduct, the New York Rules, Regulations and Education Law.  These sources govern the practice and responsibilities of New York CPAs. It concludes with a section on how a CPA can put his or her ethics into action.
 
Learning Objectives:
Upon successful completion of this course, participants will be able to:
To assimilate the rules of ethics for CPAs and professional accountants licensed in New York.
To ascertain intent of the AICPA Code of Professional Conduct and the New York Rules, Regulations and Education Law in the performance of professional accounting services/work, not to adhere to the mere technical compliance of such rules.
To apply 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.
To analyze and apply the New York law that pertain to CPAs licensed to practice in the state of New York. Students will become familiar with the New York Revised Statutes, the Rules of the State Board of Accountancy, and the Policies adopted by the Board currently in effect and how the statutes, rules, and policies pertain to them.  Specific rules reviewed include the following: The role of the Office of the Professions; New York State rules on ethics (as provided in NYS Law, Rules and Regulations); Public expectations of CPAs’ responsibilities; Enforcement of rules on ethics


 

Course Number:                                                                     ODNV448 NASBA Field of Study:                                               Regulatory Ethics Level:                                                                                             Basic Author/Instructor:                                                             Allison Mcleod Publication Date:                                                               January 2021 CPE Credits:                                                                                         4 Program Prerequisites:                                                                  None Advanced Preparation:                                                                  None