With CPAs’ training in critical thinking, skepticism and professional judgment, doing the right thing should come naturally. Of course, human beings don’t function that way, which is why we have things like the AICPA Code of Professional Conduct’s decision-making framework codified in 2014.
The framework – one for members in public practice, and one for members in industry – is a resource CPAs can reference in addressing ethical dilemmas, writes OSCPA Executive Vice President Laura Hay, CPA, CAE, in the January/February issue of CPA Voice.
Hay outlines a flow in which there is a question of CPA professional ethics involved, ranging from identifying the dilemma and the relevant facts, down to evaluating a continued association with the organization.
“If the ethical conflict remains unresolved, the member may be in violation of one or more ethics rules and should consider whether they can continue their association with the firm, employer, engagement team or assignment,” Hay writes.
Read this story now to learn more, and while you’re doing so, read the rest of the issue and take the self-assessment exam to earn an hour of complementary CPE credit!
Did you know that reading CPA Voice can help you satisfy your CPE requirement? No matter your location or the time of day – and even without the benefit of electricity – you can gain CPE credit with each issue.
Every edition includes a 12-question self-assessment exam covering content from that issue. Receive a grade of 75% or higher and you’ll earn one hour of CPE credit in specialized knowledge.
Best of all, you can take the exam when and where it’s convenient for you. Exams remain available online – and may be completed for CPE – through the same month of the following year.