2025 Ethics for Washington CPAs

After completing this course, the learner should be able to:

• Recognize licensees' responsibility in ethics of professional accounting as CPAs
• Recognize the intent of the AICPA Code of Professional Conduct, the Washington Administrative Code, and the Washington Public Accountancy Act in the performance of professional accounting services/work, not to adhere to the mere technical compliance of such rules
• Identify how the CPA should apply ethical judgment in interpreting the rules and determining public interest
• Identify the AICPA Code of Professional Conduct and the Washington Administrative Code and Washington Public Accountancy Act
• Describe the implications for persons in a variety of practices
• Identify the Washington Statutes and Rules that pertain to CPAs licensed to practice in the state of Washington
• Recognize the Washington Administrative Code and Washington Public Accountancy Act currently in effect and how the statutes, rules, and policies pertain to them
• Identify the three major normative ethical schools of thought
• Recognize the action of ethical schools of thought
• Describe what contributed to the mortgage crisis during the Great Recession of 2007-2010
• Identify the main steps a CPA should apply as it pertains to threats to independence
• Recognize what is included under WAC 4-30-046, due care principle
• Recognize when ethical conflicts arise
• Identify signs that an organization is on the verge of an ethical collapse