A CPA’s success relies on a commitment to ethics, requiring periodic reviews of ethical reasoning and theory to handle tricky situations. This course refreshes key ethical concepts, covers AICPA and the Illinois Department of Financial and Professional Regulation (IDFPR) rules, and includes the required hour of sexual harassment prevention training for Illinois professionals. It emphasizes core values like integrity, objectivity, and independence, helping CPAs navigate ethical challenges confidently and uphold public trust.

• Recall the definitions of and key concepts related to ethical reasoning and ways they relate to a CPA’s work
• Recognize the principles of ethical theories, including utilitarian ethics, deontological ethics, stakeholder ethics, and virtue ethics and identify how such theories can be applied in practical situations in life and in business
• Recognize certain preeminent core values of accountancy, including integrity, objectivity, and independence
  
• Remember the AICPA’s principles, general standards, core values, and conceptual framework as you make decisions when encountering ethical challenges
• Recall important rules and guidelines in the Illinois Public Accounting Act and the Illinois Administrative Code sections applicable to public accountancy
• Identify federal and Illinois rules related to sexual harassment prevention, as required for all holders of professional licenses in Illinois