For many jobs, continuing professional education, also known as CPE, is a requirement. Allowing individuals to remain up to date regarding the latest changes to laws as well as best practices, CPE courses are mandated by many professional organizations. In Florida, Certified Public Accountants (Or CPAs) must take an ethics course in order to renew their certification. Mandated by the Florida Department of Business Professional Regulation, the Division of Certified Public Accounting is the board responsible for putting into place ethics requirements. Lets take a look at what these ethics requirements mean and why both in Florida as well as other states they are considered a necessary part of continuing professional education.
Florida Ethics CPE
Ethics requirements are clearly stated according to the board. Courses are on average 4 hours long. They cover a wide range of subjects, including accountability, reporting issues, and constructive problem solving. Courses can be taken either online or in person. At the end of an ethics course, an exam is given covering the subject material. Before a course can be taught, the syllabus and the subject material have to be approved by the board. Recertification requires that every certified public accountant passes the course every couple of years.
Why Bother With Florida Ethics CPE Courses?
The intersection between ethics and accounting is fraught with challenging problem solving that can be difficult to work out without examples and guides given to what the best practices should be. A big issue addressed is situations where there is layered ethics. For example, there can be the ethical standards of the accountant backed by the certification board, the ethical standards of the code of conduct for the company you are working with, and the standards set into place by the laws governing the business. Another problem that can arise is that of standards. Having Florida ethics CPE courses ensures that every accountant has a minimal level of training. Future clients can trust that the standards of their accountant are good thanks to the requirements for continued education.
Where Does This Leave Us?
While some CPAs may consider Florida ethics CPE courses to be a drain on their time, it is a none-the-less important way to keep accountants up to date with the latest laws and practices in regards to ethics. In fact, the need for such courses is so important that boards in different states have instituted mandatory ethics courses.
The author does not allow comments to this entry