FMN Plus-2024/July, Seg 3 - Upholding Integrity: How AICPA SSTS Guide Ethical Tax Practice
The American Institute of Certified Public Accountants (AICPA) has established the Statements on Standards for Tax Services (SSTS) to uphold ethical and professional standards in the tax practice, which include robust measures for protecting client data and privacy. Frank Sands, Founding Partner at Sands Gililland & Company, an AICPA Governing Council member and one of Accounting Today’s 2003 top professionals, joins us to examine how the SSTS impact our professional responsibilities as accountants and tax consultants.
Learning Objectives:
- Recognize the impact of the Statements on Standards for Tax Services (SSTS) on accountants’ professional responsibilities
- Distinguish the requirements and guidelines for confidentiality and due diligence in tax engagements
- Recognize how the SSTSs address the issues of conflict of interest and contingent fees in tax engagements
- Identify how the SSTS are enforced and potential consequences of non-compliance
Prerequisites/Advanced Preparation:
None
Details
Course Code
:
FMN1574-FM
Release Date
:
07/10/2024
|
Expire Date
:
02/13/2026
|
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
:
Corporate Tax Series
|