Responsibility to the Public by the CPA

Overview

Description:

This course focuses on concepts of due care and client confidentiality as the CPA carries out his/her responsibility to the public. We discuss the CPA's duty to "blow the whistle" in situations where the professional becomes aware of financial fraud or subversion of the tax rules. As part of this course, we walk through real-world examples of individuals and companies faced with these dilemmas.

Learning Objectives:

After attending the presentation you will be able to...

Be able to define a CPA's responsibility to the public and apply related concepts such as due care and client confidentiality in practice.
Be able to discuss a CPAs potential duty to blow the whistle in certain circumstances even though it may result in a negative consequence to the whistleblower.

Program Content:
The major topics that will be covered in this class include:
AICPA Code of Conduct: Responsibility to the Public and Due Care
Case study: Health South
Returning client records
Confidential information
Whistleblowing provisions

Who should attend: CPAs, EAs, or other tax professionals

Developed By: Allison M. McLeod, LL.M., CPA. A PLLC

Instructor: Allison M. McLeod, LL.M., CPA

CPE Credit: 1

Field of Study: Regulatory Ethics (1 CPE)

Program Level: Basic

Prerequisites: None

Advanced Preparation: None

Format: QAS Self Study

Highlights

AICPA Code of Conduct: Responsibility to the Public and Due
Care Case study: Health South
Returning client records
Confidential information
Whistleblowing provisions

Prerequisites

None

Designed For

CPAs, EAs, or other tax professionals

Objectives

Be able to define a CPA's responsibility to the public and apply related concepts such as due care and client confidentiality in practice.
Be able to discuss a CPAs potential duty to blow the whistle in certain circumstances even though it may result in a negative consequence to the whistleblower.