Objective
After completing this session, participants will be able to:
- Identify the key principles and rules contained in the American Institute of Certified Public Accountants Code of Professional Conduct and the ethical responsibilities of CPAs.
- Describe the CPA’s obligation to act in the public interest and how ethical standards guide professional behavior and decision making.
- Recognize common ethical dilemmas encountered in accounting practice and the potential consequences of failing to uphold professional standards.
- Apply ethical principles and professional standards to real-world scenarios in order to exercise sound professional judgment.
Highlights
- Ethical principles guiding the accounting profession
- Overview of the American Institute of Certified Public Accountants Code of Professional Conduct
- Professional responsibilities and the CPA’s obligation to serve the public interest
- Vermont professional standards and regulatory expectations for CPAs
- Ethical reasoning and professional judgment in accounting practice
- Identifying and responding to common ethical dilemmas
Prerequisite
None