Category Archives: Certified Public Accounting License
Ethical Concerns For CPAs
As we get ready for tax season, certified public accountants (CPAs) will surely be busy. CPAs have a tough job because they pretty much have to act like an even more advanced version of TurboTax, in that clients expect them to know everything about tax laws and benefits. When they fail to do so,… Read More »
Effects Of Unethical Practices In Accounting
People often use accountants to help with taxes and other money matters. They trust these professionals to be ethical with their finances. A lack of morality and ethics can lead to financial issues and loss of reputation. If you are an accountant, you need to abide by the rules set forth by your state…. Read More »
Tax Return Preparer Fraud: What CPAs Should Know
It’s that time of year: taxes are due soon. While many people have fairly simple taxes that they do on their own, others may have to use tax preparers such as certified public accountants (CPAs). The knowledge of a CPA can be helpful for those who have their own business, own rental property, have… Read More »
Acting Ethically When Taking A CPA Exam
Those looking to become a certified public accountant (CPA) need to take an exam in order to get their professional license. When people go in to take their exam, there are strict rules that must be followed. If they don’t follow these rules, they can get kicked out. They will lose the chance to… Read More »
Using An Ethical GPS To Guide CPAs And Other Business Professionals
We were taught right from wrong as a child, but sometimes morality is not so cut and dry in the real world. Even if you’re a licensed financial professional such as a CPA, you may not be entirely sure if what you’re doing is acceptable. It’s not always easy to know the right thing… Read More »
Ethical Responsibilities Of CPAs
Licensed professionals need to abide by ethical guidelines. This is especially true for financial professionals such as certified public accountants (CPAs). CPAs serve as trusted financial advisors to help individuals and businesses with taxes, bookkeeping, financial planning, mergers, and other activities involving money. They may work for small businesses, government agencies, and large billion-dollar… Read More »
Importance Of Accounting Ethics
When it comes to numbers, accuracy is key. There is no guessing or making up data. This is especially true in the accounting industry. As a certified public accountant, you need to ensure that you accurately present a business. This requires ethics and honesty, which is easier said than done. Sometimes accountants are pressured… Read More »
Ethical Issues Involving LGBTQIA Employees In The CPA Field
In some industries, licensed professionals are unethical when dealing with clients, causing them to lose their licenses. However, in some fields, the professionals are disrespectful when dealing with their own colleagues. While sexual orientation has been a hot topic for decades, many people still have negative opinions about it. This can create a lot… Read More »
How The Child Tax Credit Is Causing Confusion For CPAs, Taxpayers
Most Americans have happily accepted the stimulus checks from the government. Many have received thousands of dollars as they navigate life while dealing with the COVID-19 pandemic. The nice thing about these stimulus checks is that they do not need to be paid back. The advance child tax credit, however, is a different story…. Read More »
Common Ethical Dilemmas As A CPA
Many licensed professionals are caught in uncomfortable situations, and CPAs are no exception. CPAs are often called upon to assist in tax preparation and other money matters. Some of these events, however, can lead to complexities and ethical dilemmas. Should a CPA work with a specific person or company? Is it worth the risk?… Read More »
