||Field Of Study
|Interactive Self Study
Ethics for Michigan: Sarbanes-Oxley Act and Michigan Rules
This is an ethics course for Michigan covering standards of professional conduct and business practices adhered to by accountants and CPAs. The Sarbanes-Oxley Act and its impact on business ethics, new internal control requirements, and the CPA’s responsibilities are summarized. The course also presents Article 7 of the Michigan Administrative Rules for CPAs and public accounting firms. It fulfills the 2-hour annual ethics requirement.
Who Should Attend: Licensed Michigan CPAs
Chapter 1: Sarbanes-Oxley Act and Michigan Rules
• Recognize ethical reasoning used by accountants.
• Identify different principles and rules of the AICPA Code of Professional Conduct.
• Identify independence and objectivity issues.
• Recognize ethical standards and violations.
• Recognize the key features of corporate responsibility law (Sarbanes-Oxley act) that influence auditor independence.
• Identify consulting services prohibited by the Sarbanes-Oxley (SOX) Act of 2002.
• Identify the requirements of accountants as highlighted in the Massachusetts Rules of the Board of Accountancy.