Maintaining Your Independence FLEXCAST
Available Until
Your Desk
1.0 Credits
Member Price $49.00
Non-Member Price $56.00
Overview
This course is critical for professionals striving to uphold the highest standards in their field. Presented by Jeff Sailor, this course offers a deep dive into the concept of independence as it pertains to financial reporting. The course features include a comprehensive exploration of the requirements for independence, a detailed look at the seven threats that can compromise it, and an analysis of the independence issues highlighted in the AICPA Code of Professional Conduct. You will gain a clearer understanding of what constitutes independence, learn how to identify and mitigate threats, and comprehend the professional conduct standards essential for maintaining independence. NOTE: This course does NOT meet Washington State Ethics Requirements.
Highlights
Independence rules are set by the AICPA. Yellow Book. SEC. DOL. PCAOB. State boards of accountancy. State CPA societies. Federal and state agencies. Banking. Insurance. International Ethics.
Prerequisites
None.
Designed For
CPAs, business professionals, and other accounting professionals.
Objectives
Define independence. Describe the requirements for independence in financial reporting. Identify the seven threats to independence. Describe the independence issues found in the AICPA Code of Professional Conduct.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Leader(s):
Leader Bios
Jeff Sailor, Western CPE
Jeff Sailor, CPA, received a master’s degree in accounting from the University of Florida. Upon graduation, he joined the auditing staff at Peat Marwick in Jacksonville, Florida, where he worked on a large number of national accounts. Jeff has managed his own accounting firm in Ocala, Florida, since 1984. During that time, he has also developed unique auditing approaches and auditing software.
Since 1992, Jeff has been teaching accounting and auditing courses he developed to combat traditional “boring CPE.” Using a variety of creative teaching methods sprinkled with humorous video spoofs, Jeff is able to combine his in-depth accounting insights with humor in high-energy presentations. He’s also adept at presenting complex topics in a very practical, easy-to-understand manner, thus earning him rave reviews for more than 20 years. Jeff currently presents seminars, webcasts, and in-house instruction for Western CPE. He’s also a featured speaker at national conferences as well as at state and regional meetings.
For more than 10 years, Jeff has served as an AICPA peer reviewer, focusing on small firms and sole practitioners. He also served on the Resource Committee for the Private Company Financial Reporting Committee (PCFRC). Jeff has spoken at two NASBA national conferences on how to make education more engaging for practitioners.
Non-Member Price $56.00
Member Price $49.00