Ethics Training for Texas CPAs

Course Description:

This is an ethics course for Texas CPAs covering standards of professional conduct and business practices adhered to in order to enhance their profession and maximize idealism, justice and fairness when dealing with the public, clients and other members of their profession. It provides a background on ethical principles and values, ethical codes and requirements included in the AICPA Code of Professional Conduct, and a focus on the Texas State Board of Public Accountancy Rules of Professional Conduct.  It also presents an approach to coping with ethical dilemmas, the Sarbanes-Oxley Act and its impact on business ethics, new internal control requirements, and the responsibilities for Texas CPA’s. The rules will be supplemented with case studies and enforcement actions that the Board has taken.  The intention is to provide you with precise text from the Board, along with supplemental information to help understand real-life situations or nuances.

Learning Objectives:

Upon successful completion of this course, participants will be able to:

• Identify the characteristics of ethics
• Recognize ethical reasoning used by accountants
• Differentiate between rulings and principles of the AICPAs Code of Professional Conduct
• Identify the six principles and list the eleven rules of the AICPA Code of Professional Conduct
• Identify independence and objectivity issues using the threats and safeguards approach, a conceptual framework
• Recognize ethics rulings on independence
• Recognize the Texas State Board of Public Accountancy Rules of Professional Conduct
• Identify licensing and disciplinary mechanisms for Texas CPAs