Independence

This revised interactive multimedia CD-ROM course teaches you and your staff the AICPA, SEC, PCAOB and GAO independence rules in an inventive and creative way. Through interactive case studies, exercises and illustrative graphics, you will learn the most up-to-date AICPA, SEC, PCAOB and GAO rules, including those adopted under the Sarbanes-Oxley Act.

Objectives: 

• Explain the governance of the accounting profession
• Assess the importance of independence, when independence is required and why you must be independent both in fact and in appearance
• Explain the purpose and basic structure of the AICPA Conceptual Framework for AICPA Independence Standards
• Identify the financial, family and employment relationships that impair independence
• Analyze the non-attest services and business relationships that impair independence
• Evaluate fee issues and their effect on independence and objectivity
• Assess other matters that may affect independence, such as indemnification clauses and litigation
• Compare the major provisions of the SEC, the PCAOB and the GAO independence rules
• Apply the ethics rules relating to tax practice, including the AICPA Statements on Standards for Tax Services and Internal Revenue Service Circular No. 230

Prerequisite:  None

Value Aid! Includes printable files of related rules and interpretations.

Note: The CPE On-Demand course will be accessible immediately after completing the purchase process. Access instructions will be shown on the Order Confirmation Screen and also included in the Order Confirmation Email.

Minimum System Requirements for CD-ROMs
Windows 2000 or above, a minimum video display resolution of 800 by 600 pixels with a minimum color depth of 16-bit (thousands of colors); audio-enabled speakers or headset; 16x CD-ROM drive or faster; Microsoft Internet Explorer version 6 or higher with security settings that allow Java script, shared objects and pop-ups; Macromedia® Flash Player™ version 8 or higher; Adobe® Acrobat® Reader.