This course satisfies the Illinois Board of Accountancy four-hour ethics requirement for all licensees. It covers what ethics are and some of the different approaches to ethics.
The course covers much of the AICPA Code of Ethics and many interpretations of the Code, particularly in the independence area.
Also covered are the following topics:
- Professional Standards/Pronouncements and Recent Changes and additions
- Continuing Education (CE) and CE Reporting Requirements
- Commissions and Contingent Fees
- Common Violations/Complaints
- Recent Relevant Court Decisions
Ethics of other professions such as attorneys and internal auditors are discussed and compared to the CPA code of ethics. Relevant court cases and the current Enron case are discussed.Course Format
Upon ordering this course, you will immediately receive instructions how to download the course as an Online pdf document. Included in this email will be log-on instructions for taking the certification exam. You have one year from date of purchase to complete the course.Exam Format
After you have completed reviewing the text material, you may take your exam in our convenient, untimed online format. Tests average 5 questions for each CPE credit offered. For example, a CPE test worth 20 credits would include about 100 questions.
A score of 70% or better is required to pass this course, although there is no limit to the number of times you may take the exam in order to pass.CPE Certification
When you successfully pass the exam, your Certificate of Completion will be displayed on the screen. Print it out on your printer by using the “Print” command in your web browser.
Course Level: Basic
Field of Study: EthicsAbout The Author
Walter G. Austin, Ph.D., CPA is a financial planner with Austin Financial Services and is a registered representative of IFG Network Securities, Inc. He is an Associate Professor Emeritus of the University of Texas at El Paso. He is registered with the Texas State Board of Public Accountancy as a sponsor of ethics courses.
He has published self-paced learning materials for college accounting texts, a computerized audit practice set, audit sampling templates, and several articles in journals. Walter has also written and presented numerous continuing professional education courses for state and local CPA chapters. Aside from his writing and teaching, he gives speeches to various professional and academic organizations such as the National Association of Accountants, the American Accounting Association, and local CPA chapters.
Walter has received numerous teaching awards and is a former Senior Auditor in the financial services industry with KPMG Peat Marwick.