This course will help you to stay current on recent changes to the AICPA Code of Professional Conduct, as well as keep you abreast of emerging trends in ethics standards and regulatory initiatives and their potential impact on your practice. We will also explore frequent practitioner ethics compliance challenges, including competence, due professional care, audit quality, and independence. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation, you will be able to...
- Recall the most recent changes in auditing, reviews, compilations and other attestation engagements
- Apply practice tips for achieving high quality engagements.
- Recognize updates on enhancing audit quality
- Analyze AICPA’s new Quality Management Standards
- Recognize trends in the practice landscape, how AICPA’s Enhancing Audit Quality Initiative is improving practice quality
- Recall SQMS implementation resources.
Major Topics
The major topics that will be covered in this class include:
- The foundational ethical principles CPAs are required to follow and how these principles apply to audit quality, data privacy and security, and the use of emerging technologies.
- The profession's need to change to meet its ethics standard in a technology-centric environment.
- Changes being considered by the AICPA and the National Association of State Boards of Accountancy that could impact the profession.
