Independence and Conflicts of Interest

Overview

This course focuses on how to integrate independence and avoid conflicts of interest in situations accounting professionals face daily. Participants will be able to know not just what is the right thing to do according to the AICPA Code of Professional Conduct, but how to put values into action. As part of this course, we also walk through real-world examples of individuals and companies faced with these dilemmas. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics covered in this class include:

• AICPA Code of Conduct: Independence, Conflicts of Interest,
• Case Study: Olympus
• Case Study: Buca di Beppo

Prerequisites

None

Designed For

This course is ideal for CPAs, EAs, government finance personnel, Internal Auditors, governance professionals, and accountants

Objectives

By the end of the course, you will be able to…

• Have the ability to define independence as promulgated by the AICPA Code of Professional Conduct and understand its importance to the CPA.
• Be able to ascertain situations which could threaten a CPA’s independence.
• Understand how conflicts of interest and the use of contingency fees can subvert independence.

Preparation

None