This four-hour course covers most of the specific ethical considerations that come into play as a practitioner in the eyes of the Internal Revenue Service. It also covers sanctions and limitations on both clients and practitioners arising out of the preparation of an income tax return.
CPAs have a well-earned reputation for ethical behavior. It is every CPA's responsibility to uphold this reputation and to enhance it for the next generation. In order to act ethically, CPAs need to thoroughly understand their ethical and regulatory requirements with regard to the core principles of integrity, objectivity and independence. In this course, we will study the source of these responsibilities by exploring the AICPA's Code of Professional Responsibility (Code) and the United States Department of the Treasury Circular 230 (Circular 230), which details tax practitioners' responsibilities when representing tax payers in front of the Internal Revenue Service (IRS). The course will discuss and provide examples of the Code's Independence Rule, and its various interpretations as well as discuss the disciplinary process under Circular 230. The course uses practical "Case in Point" examples to provide hands-on applications of the material in order to achieve its primary objective of helping to educate CPAs in the ethics of the accounting profession.
This two-hour course covers sanctions and limitations on both clients and practitioners arising out of the preparation of an income tax return.
This two-hour course covers most of the specific ethical considerations that come into play as a practitioner in the eyes of the Internal Revenue Service.
The Professional Ethics Executive Committee (PEEC) interprets and enforces the AICPA Code of Professional Conduct, which provides guidance for ethical business conduct. A pillar of the Code of Professional Conduct is the rules governing independence when performing attest services, particularly how to safeguard independence when both attest and non-attest services are provided.
New accountants must seamlessly transition to a profession that relies heavily on conformance with technical and ethical standards. It is critical for CPAs to seek to serve the public interest with a strong sense of character, integrity, competence, and due professional care. In addition, CPAs must appropriately safeguard any threats to independence and objectivity.
The purpose of this program is to discuss the ethical mandates that govern the conduct of tax practitioners. The program focuses on the ethical pronouncements of the IRS in Circular 230, as well as the preparer penalty provisions set forth in the Internal Revenue Code. Please note: This ethics course does not cover state-specific issues and so is not applicable in states that require ethics courses to include specific state laws and regulations. Please check with your state board prior to registering for this program if you are in doubt whether this program satisfies your state's ethics requirements.
Ethics is generally defined as a set of moral principles, either at the individual level or in the context of a culture or society as a whole. Ethics is also a philosophical framework used to analyze what are the right and the wrong courses of action given a particular situation or set of circumstances. The focus of this course is on ethics and ethical behavior, both in general and specifically relating to CPAs. The course uses practical "Case in Point" examples to provide a hands-on application of the material. The course reviews the general nature and basic theories of ethical behavior; why ethics are critical to individual CPAs and the accounting profession as a whole; several models for ethical decision-making; and the AICPA Code of Professional Conduct, including recent changes to it. The primary objective of the course is to help educate CPAs in the ethics of the accounting profession.
This four-hour course covers most of the specific ethical considerations that come into play as a practitioner in the eyes of the Internal Revenue Service. It also covers sanctions and limitations on both clients and practitioners arising out of the preparation of an income tax return.
Business Ethics is not just something "nice to do." It creates a long-term competitive advantage that separates you from the pack. This session walks you through the steps to create an ethical business culture and teaches specific ways CPAs can make better ethical decisions.
This course covers the laws, rules, and regulations that apply to the licensure of accountants in the State of South Carolina, as well as those that apply to the practice of accounting in the State of South Carolina. This course is designed to meet the South Carolina Board of Accountancy regulation that requires two hours of CPE related to South Carolina Rules and Regulations.
This course covers the laws, rules, and regulations that apply to the licensure of accountants in the State of South Carolina, as well as those that apply to the practice of accounting in the State of South Carolina. This course is designed to meet the South Carolina Board of Accountancy regulation that requires two hours of CPE related to South Carolina Rules and Regulations.
Business Ethics is not just something "nice to do." It creates a long-term competitive advantage that separates you from the pack. This session walks you through the steps to create an ethical business culture and teaches specific ways CPAs can make better ethical decisions.
This course covers the laws, rules, and regulations that apply to the licensure of accountants in the State of South Carolina, as well as those that apply to the practice of accounting in the State of South Carolina. This course is designed to meet the South Carolina Board of Accountancy regulation that requires two hours of CPE related to South Carolina Rules and Regulations.
This course covers the laws, rules, and regulations that apply to the licensure of accountants in the State of South Carolina, as well as those that apply to the practice of accounting in the State of South Carolina. This course is designed to meet the South Carolina Board of Accountancy regulation that requires two hours of CPE related to South Carolina Rules and Regulations.
Taxpayers are ultimately responsible for their own returns, but return preparers are subject to ethical standards that make them responsible for what is in the return, what is not in the return and how that information is presented. For example, return preparers are expected to inform clients about errors discovered and the consequences of ignoring them. The preparer must evaluate the reliability of information furnished by the taxpayer.
Lynn Nichols, CPA, has been recognized as an authority on the rules governing tax practice for three decades. His CPE programs on the subject have been the standard in New York, Florida, Ohio and with a number of regional CPA firms. His is accepted as an expert on the subject in both federal and state courts. Professional liability insurers have recognized the value of his Tax Practice Quality Control training.
Want to protect against unnecessary liability? Avoid the headache of big mistakes discovered in IRS audits? A quality tax practice begins with respect for the Standards.” Join Lynn for this valuable practice guidance.
PROGRAM CONTENT:
Treasury Circular 230
AICPA Statements on Standards for Tax Services
Internal Revenue Code Preparer Penalty Provisions
Taxpayers are ultimately responsible for their own returns, but return preparers are subject to ethical standards that make them responsible for what is in the return, what is not in the return and how that information is presented. For example, return preparers are expected to inform clients about errors discovered and the consequences of ignoring them. The preparer must evaluate the reliability of information furnished by the taxpayer.
Lynn Nichols, CPA, has been recognized as an authority on the rules governing tax practice for three decades. His CPE programs on the subject have been the standard in New York, Florida, Ohio and with a number of regional CPA firms. His is accepted as an expert on the subject in both federal and state courts. Professional liability insurers have recognized the value of his Tax Practice Quality Control training.
Want to protect against unnecessary liability? Avoid the headache of big mistakes discovered in IRS audits? A quality tax practice begins with respect for the Standards.” Join Lynn for this valuable practice guidance.
PROGRAM CONTENT:
Treasury Circular 230
AICPA Statements on Standards for Tax Services
Internal Revenue Code Preparer Penalty Provisions
This course covers the laws, rules, and regulations that apply to the licensure of accountants in the State of South Carolina, as well as those that apply to the practice of accounting in the State of South Carolina. This course is designed to meet the South Carolina Board of Accountancy regulation that requires two hours of CPE related to South Carolina Rules and Regulations.
Business Ethics is not just something "nice to do." It creates a long-term competitive advantage that separates you from the pack. This session walks you through the steps to create an ethical business culture and teaches specific ways CPAs can make better ethical decisions.
This course covers the laws, rules, and regulations that apply to the licensure of accountants in the State of South Carolina, as well as those that apply to the practice of accounting in the State of South Carolina. This course is designed to meet the South Carolina Board of Accountancy regulation that requires two hours of CPE related to South Carolina Rules and Regulations.
