Practitioners need to exercise caution to ensure they maintain independence as they assist their clients with reviews, audits, and compilation engagements. This course provides a roadmap to best practices and guidance provided by the AICPA's Code of Professional Conduct and analyzes and applies it to actual scenario-based case studies, providing accounting professionals with ethical standards to integrate into their practices. This event may be a rebroadcast of a live event and the instructor will be available for questions during the event.
Learning Objectives
After attending this presentation, you will be able to...
- Apply key strategies in maintaining independence in client engagements.
- Assess circumstances that threaten independence.
- Identify safeguards that may reduce independence threats to an acceptable level.
- Apply ethical guidance to scenarios that accounting professionals may encounter in public practice.
Major Topics
The major topics covered in this course include:
- Review the AICPA's Code of Professional Conduct.
- Provide best practice tips and practical strategies for preserving independence when assisting clients with technical matters.
- Discuss the principles of professional conduct.
- Address compliance with professional standards.
- Use case studies to address circumstances that may create threats to independence.
