Ethics for Accountants: Oregon (Currently Unavailable)

Author: David H. Freed

This course meets the ethics CPE requirement for Oregon CPAs who have renewed their license at least once. It covers general ethics, ethics in business, ethics in accounting, the AICPA Code of Professional Conduct (with case studies), the Sarbanes-Oxley Act of 2002, the AICPA Statements on Standards for Tax Services, and the AICPA Statements on Standards for Consulting Services

Publication Date: April 2013

Number of Pages: 82

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

Designed For
This course is valid for all Active Licensees in Oregon required to report four hours of CPE in professional conduct and ethics. (NOT valid for NEW licensees who must take a Board Approved ethics course.)

Topics Covered

• Overview of Ethics
• AICPA Ethics
• Sarbanes-Oxley Act of 2002
• Standards for Tax Services (SSTS)
• Standards for Consulting Services (SSCS)

Learning Objectives

• Define ethics and explain how ethics of care helps one differentiate between right and wrong
• Differentiate between utilitarianism and deontology.
• Summarize the six conflicts of duty commonly encountered in the accounting profession.
• List three types of attest services and give examples of how independence can be impaired
• Differentiate between integrity and objectivity.
• Define contingent fees and commissions and when they are forbidden in accounting services.
• List the primary reasons why the Sarbanes-Oxley Act was enacted.
• List the services that are prohibited and not prohibited by the Act.
• Describe the duties the CPA has in preparing taxes.
• Describe the circumstances under which a CPA should not recommend a tax position.
• List the grounds for omitting an answer to a question on a tax return.
• Give examples of consulting services.
• List activities that would not be considered consulting services.

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Regulatory Ethics (4 hours)

Program Prerequisites
None

Advance Preparation
None