A Basic Ethics Guidebook for Virginia CPAs - 2023 (Currently Unavailable)

Author: Allison McLeod

A CPA is challenged in today's work world to not only serve his/her client or employer but also to protect the public interest by ensuring that there is transparency in financial reporting or there is fair administration of the tax laws. In balancing the two interests, a CPA may find him or herself in an ethical dilemma.

This course covers not only basic ethical frameworks, but also specific rules from the Virginia Statutes and Administrative Code as well as the AICPA Code of Professional Conduct governing CPA practice and responsibilities. To illustrate these rules, this course will examine a number of real-life case studies.

Publication Date: March 2023

Topics Covered

• Virginia Board of Accountancy Segment
• Framework of Ethical Thought
• Codes of Conduct for CPAs

Learning Objectives

• Identify Virginia licensees ethics of professional accounting as CPAs
• Recognize the intent of the Virginia Administrative Code and Regulations and the AICPA Code of Professional Conduct and/or specific state board rules in the performance of professional accounting services/work, not to adhere to the mere technical compliance of such rules
• Recognize how to assist the Virginia 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
• Describe the Virginia Administrative Code and Regulations and the AICPA Code of Professional Conduct and their implications for persons in a variety of practices

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Regulatory Ethics (2 hours)

Program Prerequisites
None

Advance Preparation
None