This is an ethics course for Michigan covering standards of professional conduct and business practices adhered to by accountants such as CPAs in order to enhance their profession and maximize idealism, justice and fairness when dealing with the public, clients and other members of their profession. It also presents an approach—the threats and safeguards approach—to coping with ethical dilemmas. Also included are some cases of AICPA ethics violations.

The Sarbanes-Oxley Act and its impact on business ethics, new internal control requirements, and the CPA's responsibilities are summarized. The course also presents Article 7 of the Michigan Administrative Rules for CPAs and public accounting firms. It fulfills the 2-hour annual ethics requirement.

Topics:

• Ethics and Ethical Reasoning
• AICPA Code of Professional Conduct
• Sarbanes-Oxley Act and Michigan Rules

Category: Ethics
Delivery Method: Online
Level: Overview
Prerequisites: None
Passing Score: 70%
NASBA: Yes QAS Self Study
Author: Delta Publishing

ABOUT THE SUBJECT MATTER EXPERT:

Dr. Jae K. Shim is Professor of Business at California State University, Long Beach,
California. Dr. Shim received his MBA and Ph.D. degrees from the University of California at Berkeley (Haas School of Business.) He has co-authored over 50 professional business books and has been a consultant to commercial and nonprofit organizations for over 30 years.