Accounting Ethics 2025 (VBOA-Approved)
Overview
This Virginia Board of Accountancy-approved ethics course provides a thorough exploration of ethical principles, challenges and best practices essential to the accounting profession. You will gain a deep understanding of the AICPA Code of Professional Conduct, including its guiding principles of integrity, objectivity and independence. The course highlights key ethical frameworks, such as managing conflicts of interest, safeguarding client confidentiality, and responding to noncompliance with laws and regulations (NOCLAR). Explore real-world scenarios and case studies that illustrate common ethical dilemmas accountants face, and obtain practical strategies for navigating these situations while upholding professional standards.
You will also learn how to apply professional skepticism, maintain independence when providing non-attest services, and manage risks associated with ethical conflicts. The course emphasizes the importance of fostering a culture of ethics within firms and explores updates to tax standards and reporting requirements. By the end of the course, you will be equipped with the knowledge and tools to address ethical challenges effectively, ensuring your practice aligns with professional expectations and public trust.
Delivery Method: Group internet-based
CPE Credit: Regulatory ethics
Program Level: Basic
Virginia Society of CPAs is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
Highlights
- Professional standards and guidelines.
- Ethical challenges and scenarios.
- Professional skepticism and risk management.
Prerequisites
None
Designed For
Licensed CPAs
Objectives
- Understand the principles of the AICPA Code of Professional Conduct, including integrity, objectivity and independence, and explain their significance in maintaining public trust and professional accountability.
- Analyze real-world ethical scenarios in accounting to identify conflicts of interest, threats to independence, and issues of confidentiality. Also evaluate appropriate responses using the conceptual framework for ethical decision-making.
- Apply professional skepticism and ethical frameworks to resolve complex dilemmas related to noncompliance with laws and regulations (NOCLAR), client requests and reporting challenges.
Preparation
None
Notice
Delivery Method - Group Internet Based
Leader(s):
Leader Bios
Duncan Will, Accounting and Auditing Loss Preventi, CAMICO Mutual Insurance Company
Duncan Will, CPA/ABV/CFF, CFE, leverages his more than 40 years of experience in accounting, including public accounting, forensic accounting, consulting and audit and tax compliance, to deliver to policyholders the high-touch, high-quality CAMICO experience. He works closely with the Loss Prevention Specialists to manage the department’s efforts to deliver policyholder service. Duncan’s specialties are accounting and auditing and business valuation-related risk management. He advises policyholders through the CAMICO Loss Prevention Hotline, speaks to CPA groups, and writes articles on a wide range of accounting risk management and ethics topics. Topics of particular interest include complying with the AICPA’s Statements on Standards for Accounting and Review Services, doubts about an entity’s ability to continue as a going concern, cyber-security, and serving clients in the cannabis industry.
Duncan began his accounting career in 1979 as a staff accountant in the Washington, D.C. area and spent most of his public accounting career in California and Florida. He earned a Bachelor of Science in accounting from the University of Maryland and is Accredited in Business Valuation and Certified in Financial Forensics. A Certified Fraud Examiner, Duncan is an active member of the Association of Certified Fraud Examiners; has supplemented his education with college courses at the University of Baltimore, Golden Gate University, and Florida Atlantic University; and welcomes opportunities to expand his knowledge over a broad spectrum of accounting-related curricula.
Non-Member Price $62.00
Member Price $62.00