AICPA's "Code of Professional Conduct". New guidance for CPA in Public Accounting and Private Business. Conceptual framework for Independence, Public Practice and Business. The Puerto Rico State Board of Accountancy, responsibilities and faculties. Ethics for CPAs as members of board of directors, cybersecurity, fraud, going-concern and other topics.
Upon completion of this course participants should be able to:
1. Explain the ethical framework of the AICPA's "Code of Professional Conduct" and why it constitutes guidance
for both public practice and business.
2. Explain the new codification of the Rules of Professional Conduct.
3. Updates to the revised Code of Professional Ethics.