Explore the ethical principles included in the Code of Professional Conduct that address the emerging practice issues created by new technologies. Consider how technologies may impact audit quality and the integrity of the financial systems, and whether they create a need for CPAs to adjust their skill sets to address those challenges. Look at the potential ethical challenges created by the data related to privacy, security, and its application. Discuss the changes being proposed to address emerging ethics challenges. 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 completing this course, you will be able to:
- Identify the most recent FASB accounting and financial statement reporting standards.
Major Topics
The major topics that will be covered in this course include:
- Stay in compliance with recent ethics standards changes that impact your practice.
- Learn about key regulatory changes and initiatives impacting CPAs and the future of the profession.
- Discuss emerging issues and standard-setting activity that could affect your practice in the future.
- Explore practical applications of the standards and hear about common practice issues and challenges. Examples include private equity, technology, tax planning, audit quality, regulatory enforcement and standard-setting environment.
- Learn how failure to follow the standards can result in unwanted regulatory actions and publicity.
