FMN Plus-2024/Mar, Seg 3 - NOCLAR: Ethical Approaches for the Accounting Professional
In February 2022, PEEC adopted two new interpretations within the AICPA Code of Professional Conduct, establishing a member's responsibilities when encountering a client's or employer's noncompliance with laws and regulations (NOCLAR). For accountants in public practice and business, these interpretations are crucial to understand as they encounter potential or actual noncompliance issues. April Sherman, the Compliance and Ethics Director at CLA, Clifton Larsen Allen, with experience working at the AICPA on ethics standards, guides us through the important steps of following these new interpretations.
Learning Objectives:
- Recognize the AICPA's ethical interpretations related to non-compliance with laws and regulations – NOCLAR
- Identify the accountant’s reporting requirements when they come across potential or actual NOCLAR at their own or a client’s firm
- Distinguish the steps senior and non-senior accountants should take in addressing NOCLAR
- Identify behavior that would be considered NOCLAR and the implications for both the organization under audit and the auditing firm
Prerequisites/Advanced Preparation:
None
Details
Course Code
:
FMN1554-FM
Release Date
:
03/08/2024
|
Expire Date
:
10/13/2025
|
Credits
:
|
Length
:
1hr 40min
|
Course Level
:
Update
|
Course Type
:
QAS Self-Study
|
Passing Grade
:
70%
|
Format Type
:
eLearning
Mobile Compatible
|
Field Of Study
:
Regulatory Ethics
|
|
Theme
:
AICPA Ethics Series
|