Ethical Responsibilities ON DEMAND
Available Until
Your Desk
2.0 Credits
Member Price $58.00
Non-Member Price $67.00
Overview
The accountant is beset with requirements from regulatory agencies and the government that strictly define his or her responsibilities in many areas of daily practice. In this course, we cover many of these responsibilities, noting their exact sources in case the accountant wants to peruse them in greater detail. The responsibilities covered include one’s responsibilities when acting in a fiduciary capacity, when dealing with taxpayers, when involved with the auditing of publicly held companies, and when confronted with financial violations that are not being addressed by management. NOTE: This course does NOT meet Washington State Ethics Requirements.
Highlights
Whistleblowing. Whistleblowing by the auditor. Sarbanes-Oxley whistleblower protections. Dodd-frank whistleblower program. False claims act. IRS whistleblower program. Audit committees. Codes of ethics. Tax return positions. Fiduciary basics. Types of trust. Trustee responsibilities.
Prerequisites
None.
Designed For
CPAs, CEOs, CFPs, and other accounting professionals.
Objectives
Describe the constraints on the accountant to engage in whistleblowing activities. Specify the circumstances under which the Securities and Exchange Commission allows the disclosure of confidential client information. Describe the terms of monetary payout arrangements to whistleblowers in the Dodd-Frank Act. Identify the legal arrangement under which a party can file a lawsuit on behalf of the government, with the intent of obtaining a settlement related to defrauding the government. Specify the requirements of the various sections of the Sarbanes-Oxley act as they pertain to the responsibilities of the accounting function. Explain the terms under which a publicly held company can hire its auditors for in-house positions. Describe the services that an audit firm cannot provide to its publicly held audit clients. Understand the responsibilities of a tax return preparer, as stated in the Statements on Standards for Tax Services.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $67.00
Member Price $58.00