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CPE Self-Study

Independence

  • $69.00-$89.00
    Independence Availability : Online Access Product #: 159187
    AICPA Member: $69.00
    Non-Member: $89.00
  • Contact Sales
    Contact a representative for group pricing. 800.634.6780 (Option 1) | Contact Us Product #: GT-IND

This interactive, multimedia CPE course teaches you and your staff the AICPA, SEC, PCAOB, and U.S. Government Accountability Office (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. We explain the revised AICPA Code of Professional Conduct and conceptual frameworks to ensure you're ready to use them.

Learning Objectives

This course will prepare you to do the following:

  • Recognize the importance of independence, when independence is required, and why you must be independent both in fact and in appearance.
  • Apply the independence rules to personal matters by identifying the financial, family, and employment relationships that threaten your compliance with the independence rules.
  • Analyze the nonattest services and business relationships that threaten independence.
  • Evaluate fee issues and their effect on independence and objectivity.
  • Recall the additional independence provisions applicable to attest clients subject to SEC, PCAOB, the GAO, and the U.S. Department of Labor.

Key Topics

  • Revised AICPA Code of Professional Conduct and conceptual frameworks
  • Affiliates of audit clients
  • Yellow Book

Who Will Benefit?

  • CPAs looking to better understand the independence rules

IMPORTANT NOTICE ABOUT YOUR CPE CREDIT
Many states do not accept the AICPA course to meet the ethics requirement for maintaining a CPA license. Please contact your state board to determine which ethics course is required to earn your license. You must pass with a score of 70 percent or higher to earn CPE credit toward maintaining your existing license.

Note: This course may be taken using Firefox, Chrome, or Safari browsers. At this time, this course cannot be completed using Internet Explorer.

System Requirements

About the Authors

Catherine R. Allen, CPA

Cathy Allen, CPA formed Audit Conduct, LLC in 2005 to help CPA firms comply with an array of auditor independence and professional ethics rules. Uniquely experienced, she develops numerous AICPA courses on professional ethics, independence, and related topics, provides specialized training, and advises firms on critical independence matters and quality controls. She's served as an expert witness on CPA professional conduct.

About the Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.