By the end of this course, you will be able to navigate the complex ethical frameworks and professional standards that govern the modern auditing profession. You will learn how to confidently apply the AICPA Code of Professional Conduct to maintain integrity, objectivity, and independence when facing real-world conflicts of interest. Furthermore, learners will benefit from a deep dive into the specific rules that shape different types of professional engagements. You will understand the crucial differences between auditing private entities under Statements on Auditing Standards (SAS) and auditing publicly traded companies under strict PCAOB regulations.
Economics of Markets, Government, and Nonprofits

Economics of Markets, Government, and Nonprofits
This course is part of CPA Licensure Prep: Special Topics in Accounting Specialization

Instructor: William Karalius
Access provided by Skills Development Fund
Recommended experience
What you'll learn
Identify the core principles of the AICPA Code of Professional Conduct and apply them to navigate conflicts of interest and maintain independence.
Differentiate between the distinct auditing standards required for nonissuers, public companies, internal audits, and international engagements.
Skills you'll gain
- Governmental Accounting
- External Auditing
- Supply And Demand
- Standard Accounting Practices
- Ethical Standards And Conduct
- Public Accounting
- Non-Profit Accounting
- Business Economics
- Market Dynamics
- Certified Public Accountant
- Auditing
- Financial Reporting
- Financial Auditing
- Generally Accepted Auditing Standards
- Economics, Policy, and Social Studies
- Market Analysis
- Economics
- Competitive Analysis
- Internal Auditing
Details to know

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March 2026
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