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The CPA's Guide to Professional Ethics will help CPAs, both in public practice and not in public practice, to understand and apply the guidance on ethics. It is designed to be a comprehensive and integrated analysis of ethics requirements that is easy to read and easy to use.
The book integrates the various requirements of the AICPA's Code of Professional Conduct, the SEC, the Independence Standards Board, the Department of Labor, the GAO's Yellow Book, and state societies and state boards. The book also contains information on ethical standards for consulting and tax services, and provides a clear and concise analysis of international ethics requirements.
The book provides invaluable guidance on how a CPA should respond to an ethics investigation. An overview of the Joint Ethics Enforcement Process is presented, along with steps to take if selected for a disciplinary action.
The book is presented using the Information Mapping format. This format separates information into small units based on purpose or function for the reader, rather than by topic. It allows a reader to either go through the book in detail or scan quickly for relevant points to resolve an ethics question or issue. The format has been successfully used in hundreds of training, procedural, and reference manuals, in both paper and online modes.
The book includes numerous examples and graphics designed to illustrate complex ethics issues that CPAs and their firms face. Each chapter contains a section that provides guidance on the authoritative sources for the topics discussed in the chapter. The book also provides information on where CPAs can go to get more information on ethics issues. Finally, a glossary provides a quick reference for key definitions.
Low-cost self-study continuing education for eight hours of CPE is included within the book.
The authors bring to this book over seventy years of experience of accounting and auditing, and the ethical issues involved in these disciplines. Mr. Guy and Mr. Carmichael, both former vice presidents at the AICPA, have served as consultants to the SEC on ethical issues, represented CPAs in state board of accountancy ethics investigations, and testified as experts on ethical matters. Ms. Lach adds her expertise as the former director of professional development at the AICPA, responsible for all of the AICPA's con-tinuing education programs.
This edition of the book is current through all pronouncements issued as of October 31, 2000. Updates will be provided on the John Wiley & Sons, Inc. at website www. wiley. com/ ethics within thirty days of the issuance of a new pronouncement.