Holiday Hours

In observance of Memorial Day, WebCE Support Services hours will be:
Fri, May 24th: 7:00am-7:00pm CST | Sat, May 25th: 10:00am-3:00pm CST | Sun May 26th - Mon May 27th: Closed

We will resume our regular hours of 7:00am-7:00pm CST on Tues May 28th, Online catalogs and course delivery will be available without interruption.

Professional Ethics for Illinois CPAs

Overview

A CPA's success is based on a commitment to ethics. A periodic review of ethical reasoning and ethical theory keeps key concepts and duties front of mind, so that the professional is always prepared for tricky requests and challenging situations. Accountants often have to answer really difficult questions and face tough challenges, but they're not always straightforward. In some cases, the ethical choice may be more complicated than the expedient one.

The goal of this course is to refresh you on key ethical concepts and familiarize yourself with the rules of the AIPCA and the Illinois Department of Financial and Professional Regulation (IDFPR).

The concepts discussed in this course emphasize the core values of the accounting profession-including integrity, objectivity, and independence - the central tenets of the AICPA's Code of Professional Conduct align (and are sometimes incorporated into) many states' accountancy codes of professional conduct. By reviewing ethical foundations and tying them to the values and rules of the accounting profession, you will be able to navigate ethical challenges with confidence and uphold the public trust in the profession.

Learning Objectives

After completing this course, you will be able to:

  • recall the definitions of and key concepts related to ethical reasoning and ways they relate to a CPA's work
  • recognize the principles of ethical theories, including utilitarian ethics, deontological ethics, stakeholder ethics, and virtue ethics and identify how such theories can be applied in practical situations in life and in business
  • recognize certain preeminent core values of accountancy, including integrity, objectivity, and independence
  • identify additional core values that you must apply in your professional life
  • ·-remember the AICPA's principles, general standards, core values, and conceptual framework as you make decisions when encountering ethical challenges
  • recall important rules and guidelines in the Illinois Public Accounting Act and the Illinois Administrative Code sections applicable to public accountancy

Designed For

Illinois CPAs

Advanced Preparation

None

WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.

Find this course for your license:

License or Certification

Regulator

Type