Ethics for Accountants: Mississippi (Currently Unavailable)

Author: David H. Freed

CPE Credit:  4 hours for CPAs

This course is approved by the Mississippi State Board of Accountancy as meeting the four-hour, triennial CPE requirement in Ethics, Professional Conduct, and Public Accountancy Law and Regulations. The course consists of three hours in general professional ethics and one hour in Mississippi accountancy law and regulations.

Publication Date:May 2012

Number of Pages:137

QAS Approved Course Sponsor: Beacon Hill Financial Educators
NASBA Sponsor No: 107615/QAS Sponsor No: 050

Designed For
CPA's requiring Mississippi ethics.

Topics Covered

  • Overview of Ethics
  • AICPA Ethics
  • Sarbanes-Oxley Act of 2002
  • Laws and Rules of Mississippi State Board of Accountancy

Learning Objectives

  • Define ethics and differentiate between being ethical and acting ethically
  • What are some of the ethical conflicts that exist in the business environment?
  • Differentiate between utilitarianism and deontology.
  • Explain how the ethics of care helps one differentiate between right and wrong.
  • What are the driving forces behind the AICPA Code of Professional Conduct?
  • What are the core values of the accounting profession?
  • Differentiate between the principles and rules of the AICPA Code of Professional Conduct.
  • Give examples of how independence can be impaired in an attest service.
  • Differentiate between integrity and objectivity.
  • What are the major concerns regarding confidential client information?
  • Define contingent fees and commissions and when they are forbidden in accounting services.
  • List the primary reasons why the Sarbanes-Oxley Act was enacted.
  • Describe the general requirements for licensure and CPA firm permits.
  • Explain the actions that can be taken by the Board for instances of non-compliance with the statutes, rules, and regulations.
  • Summarize the Mississippi Rules of Professional Conduct.

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Regulatory Ethics (4 hours)

Program Prerequisites
None

Advance Preparation
None

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