| Title: |
Regulatory Review: Ethical Obligations of California CPAs |
| Prerequisite: |
None |
| Advance Preparation: |
None |
| Knowledge Level: |
Basic |
| Subject Matter Area: |
Regulatory Ethics |
| Date of Publication: |
March 2012 |
| Copyright © |
2012 by Bisk Education, Inc. All rights reserved. |
| Recommended CPE Credits: |
2 QAS/Registry (based on 50-minute hour) Regulatory |
| Expiration Date: |
One year from date of receipt to complete program and submit quizzer to obtain credit |
| Passing Grade for Quizzer: |
90 percent or higher |
With the number of negative, but high-profile cases gaining attention in recent years, it is imperative that practitioners be well-versed and clear as to their ethical responsibilities to the public that they serve. This program begins with a look at the Business and Professions Code included under the California Accountancy Act, and then examines specific articles and sections under the California Board of Accountancy Regulations. The program closes with a look at the investigative process and enforcement actions for complaints received by the California Board of Accountancy.
Use of Materials
DVD
The user should begin by watching the DVD segment, if any, for the chapter before reading the text. The user may wish to make notes of the most important concepts and any terms that are new. Next, the user should review the learning objectives at the beginning of the chapter and read the chapter. The user should work through each of the examples. It may be helpful to highlight important material and/or to make additional notes. Next, the user should complete the study questions at the end of the chapter and review the answers. If the user answers a study question incorrectly, s/he should review the section of the text that is indicated at the end of the explanation to the study question to assure comprehension of the material. The user should review the learning objectives once more to consider achievement of the objectives. After the user has finished watching the DVD and reading the text and working through the study questions, s/he may wish to review her/his notes and any sections of the text or DVD that were difficult. When the user is ready, s/he should complete the quizzer. Reviewing notes periodically will increase retention of the material.
Online
The user should begin by watching the streamed video segment, if any, or listening to the streamed audio segment, if any, for the chapter before reading the text. The user may wish to make notes of the most important concepts and any terms that are new. Next, the user should review the learning objectives at the beginning of the chapter and read the chapter. The user should work through each of the examples. After the user has studied each chapter, s/he should click on the link at the left to complete the interactive study questions. If the user answers a study question incorrectly, s/he should review the section of the text that is indicated at the end of the explanation to the study question to assure comprehension of the material. The user should review the learning objectives once more to consider achievement of the objectives. After the user has finished watching the streamed video, if any, or listening to the streamed audio, if any, and reading the text and working through the study questions, s/he may wish to review her/his notes and any sections of the text or video/audio, if any, that were difficult. When the user is ready, s/he should click on the link to the left to complete the quizzer. The user's CPE certificate will be provided immediately upon successful completion of the quizzer.
This program is divided into three (3) chapters, and an appendix.
Chapter 1 examines the Business and Professions Code and the regulatory requirements California CPAs must comply with.
Chapter 2 takes a look at how the California Board of Accountancy Regulations affect licensed CPAs and registered firms that practice in the state.
Chapter 3 reviews how the California Board of Accountancy handles the investigative process and enforcement actions for complaints received.
The Appendix contains the California Accountancy Act and the California Board of Accountancy Regulations.
Helpful Guidance
Throughout this program, the user will find explanations and discussions regarding some of the issues that often face practitioners. In order to enhance the user's comprehension of the material and highlight important practical considerations, this program includes the following designations:
A Biskalert is intended to warn the practitioner of a particular situation that may require action or other consideration by the client or the practitioner on behalf of the client.
A Biskplan offers a strategy/discussion point when a practitioner is faced with a particular issue or situation.
A Biskpoint presents analysis or commentary that attempts to explain or clarify authoritative guidance.
A Bisktip provides practical advice that may be used to help improve client service or service to the practitioner's organization.