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.
DESIGNED FOR
CPAs in public practice and members in industry.
BENEFITS
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.
HIGHLIGHTS
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.
COURSE LEVEL
Basic
PREREQUISITES
None
ADVANCE PREPARATION
None