Ethics for Accountants: Florida (Currently Unavailable)

Author: Pat Patterson

This presentation centers around the most common errors and regulations that impact the professional in the practice of public accounting as well as real-life ethical issues faced by individuals and organizations in industry, government, and education. The course addresses newly revised and proposed interpretations, rulings, and legislation that affects CPAs in public accounting firms and employment in industry, government and education. This ethics course focuses on the standards of professional conduct that must be adhered by Florida CPAs.

Publication Date: August 2018

Designed For
Florida CPAs requiring ethics

Topics Covered

• Individual ethics — The participants will hear about: The code of conduct, professional responsibilities, and core values of the profession. How are ethics and ethical behavior defined? What does it mean to be ethical as an accounting practitioner? How does the code of conduct, professional responsibilities, and core values of the profession affect the professional accountant?
• Business ethics — How does making ethical choices in the workplace impact businesses and individuals?
• What is the role and responsibility of organizations in creating an ethical culture?
• What are the newly revised and proposed interpretations, rulings, and legislative issues that affect CPAs in both public accounting firms and employment in industry, government and education?
• Independence — What are the highlights of the AICPA's independence rules, AICPA Interpretation 101-3, and their differences in regards to public accounting?
• Specialized practice areas — What are the specialized ethical responsibilities in practice areas such as tax, industry, and government?
• Future trends — What are the trends that will affect the future of the accounting profession? What trends and changes are being observed by CPAs?
• AICPA Interpretation 101-3 on independence and the differences between attest and non-attest services for clients
• Responsibilities of CPAs to their clients on confidentiality and record retention as required by AICPA
• Future implications of CPAs and ethics
• Recognize fundamental sections of Florida statutes and administrative codes

Learning Objectives

• Differentiate between Ethics vs Morals
• Recognize sections of the Florida Statutes that impact Florida certified public accountants in/out of Florida
• Identify the Florida Statutes, Chapter 455 Business and Professional Regulation, 473 Regulation of Professions and Occupations — Public Accountancy, and Florida Administrative Codes for the Public Accounting profession, Chapters 61H1 thru 39 Board of Accountancy
• Describe the AICPA's revised Code of Professional Conduct
• Recognize how AICPA Code of Professional Conduct ethical obligations are interpreted to client scenarios
• Describe "good moral character"
• Identify continuing professional education for Florida CPAs requirements
• Recognize how to reactive an inactive license status
• Recognize when a Florida CPA disclose a client's confidential information
• Describe which type of person can use the CPA designation
• Describe misleading business names under the Florida Administrative Code
• Identify when a Florida CPA firm must renew its license
• Recognize the rules of a valid temporary license
• Identify true statements regarding CPA firm mergers and acquisitions
• Recognize true statements regarding peer reviews under Florida Statutes
• Describe substantial equivalency

Level
Overview

Instructional Method
Self-Study

NASBA Field of Study
Regulatory Ethics (4 hours)

Program Prerequisites
Basic knowledge for ethics

Advance Preparation
None