Regulatory Ethics Guidebook for Tax and Accounting Professionals (Half-Day Webinar) (Completed)

This comprehensive course is designed to help tax and accounting professionals navigate the complex landscape of regulatory ethics. Through real-world examples and practical insights, participants will gain a deep understanding of ethical standards, compliance requirements, and best practices for maintaining integrity in professional services. The course emphasizes actionable strategies to uphold public trust while meeting regulatory obligations, making it an essential resource for professionals committed to excellence and ethical conduct.

Join speaker and author, Allison M. McLeod, LL.M., CPA, as she educates and informs CPAs on rules and regulations covering CPA practice standards and their duty to the public! As part of this course, we will also look at real world examples of individuals and companies faced with moral dilemmas.

Who Should Attend
This program is ideal for CPAs, tax advisors, auditors, compliance officers, and financial professionals who want to strengthen their ethical decision-making skills. It is also highly recommended for firm leaders, managers, and anyone responsible for ensuring adherence to regulatory standards within their organization.

Topics Covered

• Overview of Regulatory Ethics and Professional Standards
• Knowing the difference between moral actions vs. ethical rules
• CPA rules and responsibilities
• Managing ethical conundrums
• AICPA Code of Professional Conduct
• Treasury Circular 230
• Internal Revenue Code penalties for tax practitioners
• AICPA Statement of Standards of Tax Services
• Best Practices for Ethical Decision-Making

Learning Objectives

• Determine the correct course of action when moral and ethical paths diverge
• Identify the CPA's duty to the public and when it takes priority over the wishes of the CPA's employer or client
• Describe the ethical obligations of a professional accountant
• Recognize the intent of the AICPA Code of Professional Conduct and other codes governing CPAs in the performance of professional accounting services/work
• Recognize the AICPA Code of Professional Conduct and their implications for persons in a variety of practices
• Identify how to educate licensees in ethics of CPAs and tax practitioners
• Identify how to convey the intent of the AICPA Code of Professional Conduct, Treasury Circular 230, the Statement of Standards for Tax Practice and the Internal Revenue Code in the performance of professional services, not to adhere to the mere technical compliance of such rules
• Identify how to assist the CPA in applying ethical judgment in interpreting the rules and determining public interest. Public interest should be placed ahead of self-interest, even if it means a loss of job or client
• Identify how to review and discuss the authorities governing CPAs and tax practitioners and their implications for persons in a variety of practices, including CPAs in client practice of public accountancy who perform attest and non-attest services; CPAs employed in industry who provide internal accounting and auditing services; CPAs employed in education or in government accounting or auditing

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Regulatory Ethics (4 hours)

Program Prerequisites
None

Advance Preparation
None