Contents
The Relationship of Morals and Ethics
Illustrative Examples of Ethics
Why Should We Study Professional Ethics?
Ethical Core Foundations for CPAs
Case Studies – Threats and Safeguards
Public Expectations of the CPA’s Responsibility
California Accountancy
Statutes and Rules
Trend in Recent California
Board of Accountancy Enforcement Actions
The California Accountancy
Act and the California Board of Accountancy Regulations
ARTICLE 3.5. Standards of
Professional Conduct [5060 - 5063.10].
Article 9- Rules of
Professional Conduct
A Little Extra Income – Contingent Fees
Return of client provided records
The AICPA Code of Professional Conduct
Part 1 – Members in Public Practice
Rule 1.100 Integrity and Objectivity
Case Study – Married Tax Clients Divorcing
1.130 Preparing and
Reporting Information
Case Study – Year End Adjustments and Loan Covenants
Rule 1.300—General Standards Rule
Case Study – Audit
Engagement with No Prior Experience
1.310 Compliance with Standards Rule
Case Study – Peer Review Discoveries
1.320 Accounting Principles Rule
1.400.001 Acts Discreditable Rule
1.510.001 — Contingent Fees Rule.
1.520.001—Commissions and referral fees Rule
1.600.001 —Advertising and
other forms of solicitation
1.700.001— Confidential
client information rule
1.800.001—Form of
organization and name rule
2.100.001 – Integrity and
Objectivity Rule
2.130.030 Obligation of a Member to His or Her Employer’s External Accountant
2.300.001 — General
standards rule
2.310.001—Compliance with standards rule
2.320.001—Accounting principles rule
Case Study - The Company with Excess Reserves
Case Study - The Company with Undisclosed/Unrecorded Contingencies
2.400.001 Acts Discreditable Rule
2.400.070 Confidential
Information from employment or volunteer activities
3.400.001 - Acts
discreditable rule
3.400.070 Confidential
Information from employment or volunteer activities