In today’s professional landscape, a Certified Public Accountant (CPA) must serve their client or employer while upholding the public interest, ensuring transparency in financial reporting, and fair tax law administration, which can sometimes lead to ethical dilemmas. This course provides a comprehensive overview of basic ethical frameworks and specific rules from the AICPA Code of Professional Conduct, the Washington Public Accountancy Act, and the Board Rules in the Washington Administrative Code, collectively governing CPAs’ practice and responsibilities in Washington.
Upon completion, you will be able to:
- recall the intent of the AICPA Code of Professional Conduct, the Washington Administrative Code and Washington Public Accountancy Act in the performance of professional accounting services/work
- recall the definitions of and key concepts related to ethical reasoning and ways they relate to a CPA's work
- apply ethical judgment in interpreting the rules and determining public interest