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

Udemy
platform
English
language
Other Finance & Economic
category
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

Independence Requirements of Rule-Making Bodies for CPA's - Screenshot_01Independence Requirements of Rule-Making Bodies for CPA's - Screenshot_02Independence Requirements of Rule-Making Bodies for CPA's - Screenshot_03Independence Requirements of Rule-Making Bodies for CPA's - Screenshot_04

Related Topics

1347592
udemy ID
9/11/2017
course created date
1/2/2021
course indexed date
Bot
course submited by