Maine Ethics for CPAs (ETME)

Overview

Professional conduct and ethical behavior are really the backbone of the entire accounting and auditing profession. These components form the foundation upon which our creditability with the general public is built, without which, there is no profession. Whether you are a practitioner in public accounting or business and industry, you must always act in accordance with the requirements that define professional conduct and ethical behavior. This course fulfills the Maine Board of Accountancy requirement that each CPA and public accountant (PA) license holder must complete four hours in professional ethics every three years. The course includes a brief look at the principles and concepts which form the foundation of ethical behavior; an overview of the core principles of professional conduct -- integrity, objectivity, and independence; recent changes to the AICPA Code of Professional Conduct; and a review of Maine accountancy laws and rules. The primary objective of this course is to provide a formal program of learning which contributes directly to the professional competence of an individual licensed to practice public accountancy in Maine.

Major Topics:

• Professional and ethical conduct requirements specifically applicable to Maine CPAs
• The core principles of professional conduct -- integrity, objectivity, and independence
• Recent changes to the AICPA Code of Professional Conduct
• Principles and concepts which form the foundation of ethical behavior

Learning Objectives:

• Understand and apply the professional and ethical conduct requirements specifically applicable to Maine CPAs
• Review the core principles of professional conduct -- integrity, objectivity, and independence
• Be aware of recent changes to the AICPA Code of Professional Conduct
• Be familiar with the principles and concepts which form the foundation of ethical behavior