Professional Ethics for CPAs Exam Preparation Course

Product Code :
Format :
Level :
Designed For :
CPA Candidates, out-of-state CPAs, and those applying for California license reissuance.
Field of Interest :
Regulatory Ethics
Prerequisite :
Credits :
0.00 CPE
Description :
This course reviews the major topics that typically appear within the PETH exam and may constitute many of the exam questions. Sample questions and solutions for these topics are also provided as examples. Professional literature that features this subject matter includes AICPA Code of Ethics, AICPA Statement of Standards on Tax Services, and California Accountancy Act and Regulations. This course is on demand video only with no written materials. All examples are within the on demand video.
Objectives :

The goal of this course is to help you prepare to pass the Professional Ethics Exam (PETH).It does this by reviewing the content and sample questions from prior PETH exams that may be expected to be prominently included in future exams. The course specifically addresses professional conduct including independence, integrity and objectivity within the AICPA Code of Ethics, taxpayer services within the AICPA SSTS, and various California Accountancy Act and Regulations. It gives special attention to independence because it has consistently been the most prominent topic tested in prior exams. Upon completion of this course you will be able to identify:

  • Major impairments to independence
  • The seven categories of impairment threats and when the threats have been reduced to acceptable levels
  • Taxpayer services that are considered ethical within IRS guidelines
  • Continuing education requirements for successful license renewal
  • How to protect the confidentiality of client information
  • Restrictions on client employment opportunity
  • Limitations on earning commissions and contingent fees
  • Requirements for accounting firm ownership
  • Rules for maintaining active and inactive CPA license status

Major Topics :
  • Independence, integrity and objectivity
  • Taxpayer services
  • Continuing education requirements
  • Commissions and contingent fees
  • Client employment
  • Confidential information
  • Firm ownership rules
  • License status
Advanced Prep :