Independence Requirements of Rule-Making Bodies for CPA's
This course discusses the independence requirements of the principal rule-making bodies that public accountants may have
0
students
1 hour
content
Oct 2020
last update
$19.99
regular price
What you will learn
Discover the importance of the requirement for CPA’s to preserve independence in order to perform audit and attest services.
"Identify the most common significant independence threats, and recognize how rules differ among various standard setting and regulatory bodies.
Explore how reporting entities and external accountants must work together to safeguard against threats to independence in both fact and in appearance.
Description
Independence generally implies a CPA’s ability to act with integrity and exercise objectivity and professional skepticism. The American Institute of Certified Public Accountants (AICPA) and other rule-making bodies have developed rules that establish and interpret independence requirements for the accounting profession.
This course discusses the independence requirements of the principal rule-making bodies that public accountants may have to comply with, using plain English instead of technical jargon to help you understand exactly what the requirements are.
Content
Introduction
Introduction to Independence Rules for CPA's
Relevant Standard Setting and Regulatory Bodies
AICPA Conceptual Framework
Familiarity Threat
Financial Self-Interest Threat
Self-Review and Management Participation Threats
Specific Services which can not be Safeguarded for Independence Threats
Other Threats to Independence
AICPA VS. SEC Independence Rules
AICPA VS. Government Audit Independence Rules
Supporting Materials
Slides: Independence Rules for CPA’s
Independence Rules for CPA’s Glossary/Index
Review and Test
Review Questions
FINAL EXAM
Screenshots
Related Topics
1347592
udemy ID
9/11/2017
course created date
1/2/2021
course indexed date
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