Description: Updated for 2012, including newly-amended parts of the Code of Professional Conduct. These new or revised interpretations and rulings affect CPAs in both public accounting firms and employment in industry, government, and education.
Focusing on real-life ethical issues, this course addresses internal and external issues CPAs face, such as professional standards, ethical conduct, client communication and independence. The course complies with the ethics requirements for Florida CPAs as set forth by the Florida Board of Accountancy.
• Case studies about ethics and situational analysis
• Questions and answers for specific issues in ethics including mobility
• Reality applications for ethical rules as pertains to CPAs
• Relationship of Florida laws and rules to national standards with an emphasis on changes
• Chapter 455, 473 Florida Statutes and 61H1 Florida Administrative Code (FAC) and how it relates to ethics with an emphasis on laws and rules changes
• 61H1 Florida Administrative Code (FAC) and issues affecting integrity and objectivity
• Ethical impact of commissions, contingencies and communications and competency in public accounting
• Florida's independence rules and implication to public accounting
• AICPA Interpretation 101-3 on independence and the differences between attest and non-attest services for clients
• Responsibilities of CPAs to their clients on confidentiality and record retention as required by AICPA
• New rules for client data and information in Interpretation 501-1 and FAC 61H1-23 and guidelines for advertising, solicitations, use of names and responsibilities for others
• Future implications of CPAs and ethics
Cecil "Pat" Patterson, Jr., CPA is an award winning author, speaker, and discussion leader for continuing education courses and numerous state societies. His degrees include a Bachelor of Science in Accounting and a Master of Business Administration. In addition to being in charge of his own CPA firm for over thirty years, Mr. Patterson has experience at the national CPA firm level, at the corporate level as a chief financial officer, and as an adjunct professor at the university level.
His firm is involved in the full spectrum of CPA activities including auditing, accounting services, federal and state corporate and individual income tax preparation, and consulting services to clients, businesses, and other professionals. The AICPA recognized the firm for its work in the “virtual office” field.
• Member, American Institute of Certified Public Accountants (AICPA)
• Member, Florida Institute of Certified Public Accountants (FICPA)
• Member, Executive Committee
• Member, Board of Governors
• Member, MEGA CPE Conference Committee
• Member, Accounting Show Committee
• Trustee, Educational Foundation, Inc.
• Member and Former Chair, Continuing Professional Education Committee
Honors and Awards include:
• Outstanding Discussion Leader, FICPA
• Outstanding Author, FICPA
• Distinguished Discussion Leader, New York Society of CPAs
• Outstanding Committee Award, FICPA