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| Author : | Joseph P Helstrom, CPA |
| Course Length : | Pages: 69 ||| Word Count: 31,081 ||| Review Questions: 6 ||| Final Exam Questions: 10 |
| CPE Credits : | 2.0 |
| IRS Credits : | 0 |
| Price : | $29.95 |
| Passing Score : | 90% |
| Course Type: | Text - NASBA Registry |
| Technical Designation: | Technical |
| Primary Subject-Field Of Study: | Regulatory Ethics - Regulatory Ethics for Course Id 1262 |
| Description : | This two-hour course is designed to meet the two-hour regulatory review course requirement for California CPAs. This course is required every six years and is in addition to the four-hour ethics requirement for each two-year license renewal period. The applicable statutes and regulations promulgated in the California Accountancy Act and the California Board of Accountancy Regulations are covered in detail. Included in the course is a summary of recent and historic board enforcement actions and an overview of new rules. Disciplinary actions by the board are used to reinforce understanding of the statues and regulations. Frequently asked questions are also included to further illustrate important points. |
| Usage Rank : | 55094 |
| Release : | 2025 |
| Version : | 1.0 |
| Prerequisites : | None. |
| Experience Level : | Overview |
| Additional Contents : | Complete, no additional material needed. |
| Additional Links : |
The State Bar of California
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| Advance Preparation : | None. |
| Delivery Method : | Interactive Self Study |
| Intended Participants : | Anyone needing Continuing Professional Education (CPE). |
| Revision Date : | 28-Feb-2025 |
| NASBA Course Declaration : | Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
| Approved Audience : | Text - NASBA Registry - 1262 |
| Keywords : | Regulatory Ethics, California, Regulatory, Ethics, Regulatory, Review, California, CPAs, cpe, cpa, online course |
| Learning Objectives : |
Course Learning Objectives Upon completion of this course, you should be able to:
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| Course Contents : | Chapter 1 - Regulatory Review for California CPAs Course Learning Objectives Course Overview Recent New Rules Trend in Recent California Board of Accountancy Enforcement Actions CBA Regulations, Article 1- General Definition of Attest Services and Attest Report Notification of Change of Address Example of CBA Disciplinary Action California Accountancy Act, Article 3 – Application of Chapter CBA - Accountancy ACT (ca.gov) Public Accountancy Not to be Practiced Without Permit; Temporary Practice Practice of public accountancy Title of Certified Public Accountant Inactive Status Retired Status Military Inactive Status California Accountancy Act, Article 4 – Applications, Registrations, Permits Generally Public Accountancy Permits and Certificates Expiration of Permits; Renewal of Unexpired Permits Cancellation of Permit Not Renewed within Statutory Period; Reinstatement. Supervision by Accountant Required Where Office Not Under Management of Accountant. Nonlicensee Owners of Accounting Firms Example of CBA Disciplinary Action California Accountancy Act, Article 3.5 - Standards of Professional Conduct CBA - Accountancy ACT (ca.gov) Use of Individual Names Example of CBA Disciplinary Action California Board of Accountancy Frequently Asked Questions Fees and Commissions Example of CBA Disciplinary Action Report Following Compilation, Review, or Audit of Financial Statements Example of CBA Disciplinary Action Restrictions on Employment with Publicly Traded Company Licensee Report Example of CBA Disciplinary Action Disclosure of Confidential Information Prohibited CBA Regulations, Article 9- Rules of Professional Conduct CBA - Regulations (ca.gov) Client Notification. Attest Client Notification Regarding Composition of Firm Ownership. Firms with Nonlicensee Owners. Notification of Non-Licensee Ownership. Response to Board Inquiry. Example of CBA Disciplinary Action Discrimination Prohibited. Confidential Information Defined, Exception. Disclosure of Confidential Information Prohibited. Sale or Transfer of Licensee’s Practice (Effective 4/1/2024) Discontinuance of Licensee’s Practice (Effective 4/1/2024) Commissions -Basic Disclosure Requirement. Example of CBA Disciplinary Action Incompatible Occupations/Conflict of Interest. Compliance with Standards. Example of CBA Disciplinary Action Reporting of Restatements. Contingent Fees. Advertising. Example of CBA Disciplinary Action Independence. Approval of Use of Fictitious Name. Retention of Client's Records. Example of CBA Disciplinary Action Working Papers Defined; Retention. Identification of Audit Documentation. Example of CBA Disciplinary Action Retention Period for Audit Documentation. The Document Assembly Period and Subsequent Changes in Audit Documentation. Example of CBA Disciplinary Action Audit Documentation Retention and Destruction Policy. Certification of Applicant’s Experience Review Questions California Accountancy Act, Article 1.5 – Continuing Education CBA - Accountancy ACT (ca.gov) Continuing Education Requirement Rules Concerning Continuing Education CBA Regulations, Article 12 – Continuing Education Rules Inactive license conversion Renewing a license that has expired CE Requirements After Conversion to an Active Status Prior to Renewal Basic Continuing Education Requirements Example of CBA Disciplinary Action California Board of Accountancy Frequently Asked Questions California Accountancy Act, Article 5.5 - Audit Documentation CBA - Accountancy ACT (ca.gov) Contents; Presumptions Raised by Improper Documentation; Retention and Destruction of Documentation Adoption of Regulations by Board Example of CBA Disciplinary Action CBA Regulations, Article 6- Peer Review Definitions Enrollment and Participation. Firm Responsibilities. Exclusions. Reporting to the Board. Document Submission Requirements. Example of CBA Disciplinary Action California Board of Accountancy Frequently Asked Questions California Accountancy Act, Article 6 - Disciplinary Proceedings CBA - Accountancy ACT (ca.gov) Revocation or Suspension of Permit or Certificate; Refusal to Renew; Censure of Holder; Grounds Examples of CBA Disciplinary Action Restricted Practice of a Licensee; Petition for Reduction in Penalty Excerpts from the Enforcement Handbook for Licensees California Accountancy Act, Article 6.5 - Administrative Penalties CBA - Accountancy ACT (ca.gov) Notice and Hearing Opportunity Required; Penalties Assessed Under More Than One Section of Article; Regulations; Penalties Additional to Other Sanctions; Money to be Deposited into Accountancy Fund Penalty Amounts for Violation of Provisions of Chapter Penalty Amounts for Violation of Specified Subdivisions of § 5100 Penalty Amounts for Specified Prohibited Acts Penalties in Conjunction with Disciplinary Proceedings or Notice When Judgment Obtainable "Licensee" California Accountancy Act, Article 7 - Prohibitions and Offenses Against the Chapter Generally CBA - Accountancy ACT (ca.gov) Misdemeanors; Punishment; Certification of Facts to Enforcement Officer; Proceedings Use of Words “Certified Public Accountants”; Evidentiary Effect; Evidence of Single Act Application for Order Enjoining Illegal Acts or Practices CBA Regulations, Article 12.5- Citations and Fines CBA - Regulations (ca.gov) Citations. Citation Format. Fines. Citation Factors. Failure to Comply with Citation. Appeals. Unlicensed, Unregulated Practice. CBA Regulations, Article 13- Denial, Suspension, and Revocation of Certificates, Permits, or Licenses CBA - Regulations (ca.gov) Disciplinary Guidelines. Mediation Guidelines. Substantial Relationship Criteria. Rehabilitation Criteria for Denials, Suspensions, Revocations, Restorations, Reduction of Penalty, Etc. Review Questions Glossary |
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Texas: Ethics and Professional Conduct for Texas CPAs (TSBoA Approved) (4 Hrs) 