Ethics for Accountants: Mississippi (Currently Unavailable)

Author: David H. Freed

This course meets the four-hour ethics CPE requirement for CPAs in Mississippi. It covers general ethics, ethics in business, ethics in accounting, the AICPA Code of Professional Conduct, case studies in ethics, and ethics and regulations with specific application to the practice of public accounting in Mississippi.

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

Publication Date: March 2014

Designed For
CPA's requiring Mississippi ethics.

Topics Covered

• Overview of Ethics
• AICPA Ethics
• Mississippi State Board of Public Accountancy Statutes, Rules, and Regulations

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.
• Describe the most common forms of ethical issues that arise in business.
• Describe the ethical conflicts that are most commonly encountered in the accounting profession.
• Describe the driving forces behind the AICIPA Code of Professional Conduct.
• Evaluate 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.
• Identify the major concerns regarding confidential client information.
• Provide examples of acts that are discreditable.
• Define contingent fees and commissions and when they are forbidden in accounting.
• Summarize the Mississippi Rules regarding licensure and firm permits
• Provide examples of acceptable and unacceptable conduct for a licensee or firm with a permit.
• Explain the restrictions on receiving various forms of consideration for services and the related requirements for client disclosure.
• Explain the requirement for handling client information, working papers, and client records.

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Regulatory Ethics (4 hours)

Program Prerequisites
None

Advance Preparation
None