Oklahoma Ethics and Conduct for CPA’s

Course Description:

This course satisfies the Oklahoma Board of Accountancy four-hour ethics requirement for all licensees.  It covers what ethics are and some of the different approaches to ethics.  The course covers much of the AICPA Code of Ethics and many interpretations of the Code, particularly in the independence area. Ethics of other professions such as attorneys and internal auditors are discussed and compared to the CPA code of ethics.  Relevant court cases and the current Enron case are discussed.

Learning Objectives:

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

·         Examine the philosophical aspects of ethics.

·         Understand the “trust” function in our society.

·         Discuss definitions of terms that are necessary to understand ethics.

·         Understand the newer rules of Independence.

·         Describe the applicability of the rules.

·         Differentiate Independence in Appearance and Fact.

·         Examine the CPA’s responsibilities to clients.

·         Examine the impact of non-attest services.

·         Understand the rules and regulations pertaining to ethical conduct.

·         Examine the role of the attorney in our society.

·         Be able to discuss the Internal Auditor’s Code.

·         Discuss the impact of various court cases on the profession.