Illinois Ethics for CPAs

Course Description:

This course satisfies the state’s four-hour ethics requirement for all licensees. It covers interpretations of ethics rules as well as the AICPA Ethics interpretations of the Code, particularly in the independence area.  
Other topics covered include:

• Interpretations on commissions and contingent fees
• Common violations/complaints
• Recent relevant court decisions
• Relevant court cases and the current Enron case
• Ethics of attorneys and internal auditors in comparison to the CPA code of ethics

Learning Objectives:

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

• Understand the impact of non-attest services
• Understand the rules and regulations pertaining to Independence
• Understand the rules and regulations pertaining to General Technical Standards
• Understand the role of the attorney in our society
• Discuss the Internal Auditor’s Code
• Discuss the impact of various court cases on the profession