Independence Requirements of Rule-Making Bodies for CPA's

Independence Requirements of Rule-Making Bodies for CPA's

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.

This course discusses the independence requirements of the principal rule-making bodies that public accountants may have

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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.

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Level: Intermediate Level

Duration: 1 hour

Instructor: Illumeo Learning