PICPA Ethics Update for CPAs in Public Practice and A&A Hot Topics

Dec 20
8:00 - 4:00 p.m.

Wyndham Philadelphia-Bucks County
Feasterville-Trevose - Map

4-A&A; 4-Ethics
CPE Credits

Use case studies to examine connections between ethics principles, formal rules, and the profession’s public responsibility. Review AICPA, state CPA societies, and state board ethics standards as they apply to small and medium CPA firms. Understand how the new ethics codification and the conceptual framework for resolving ethical issues will alter current practice. Hear about evolving issues, conflicts of interest, comfort letters, and recent revisions to the Ethics Code.

Hear an all-encompassing update on financial reporting risks for small and medium companies. Understand how evolving cybersecurity threats impact financial reporting and learn new ways to detect fraudulent financial reporting. Discover the impact of FASB projects on revenue recognition, leases, and financial instruments for closely held companies. Dig deep into data analytics, including examples and applications.


Highlights
PICPA Ethics Update for CPAs in Public Practice
  • Ethics rules, enforcement, and disciplinary process
  • Public interest and professional ethics - when and why conflicts exist
  • Whistleblowing
  • Ethics and gender - the effect on the workplace
  • Ethical dimensions of tax preparation and reporting
  • Independence and ethics alert
  • Advisory services while maintaining independence
  • Using AICPA’s restructured Ethics Code
  • How enhanced peer review affects CPAs who work with closely held businesses

A&A Hot Topics
  • Risk and financial reporting - an outlook for the current economy
  • Revenue recognition - lessons learned from those who have adopted the standard
  • Lease accounting - challenges and practical solutions
  • Recent FASB standards, including coverage of financial instruments, loan covenants, not-for-profits, and tax law changes
  • Cybersecurity - accounting, regulatory, and compliance
  • The AICPA's cybersecurity attestation framework
  • The evolution of data analytics and how it is affecting the profession

Registration

PICPA Member: $249
Nonmember: $349

More Information

Course No. 800013 Level: Update

Prerequisites: None

Notes

Taught by the course author!

Speaker(s)

William Engelbret

Associate Professor

Ray Thompson

Assoc Professor Accounting & Finance