Description

This Colorado Accountancy Rules and Regulations (CR&R) Review Course is designed to meet the 2-hour Colorado Board of Accountancy Statutes, Rules, and Regulations (CR&R) requirement of the Colorado State Board of Accountancy. The course provides an overview of Colorado’s Revised Statutes Title 12, Article 2 and examines in depth CCR 705-1: RULES OF THE STATE BOARD OF ACCOUNTANCY as well as any 2016 updates.

This course will discuss:

• American Institute of Certified Public Accountants (AICPA) Code of Professional Conduct and how to apply it to accountancy. It also discusses morality and definitions of moral judgment.
• The organization and duties of the Colorado Board. It also discusses any new legislative changes impacting accountancy. It explains: the Proper Use of Holding out; the types of approved certificates as well as their maintenance; the continuing professional education requirements; proper use of names and as well as mobility/practice privileges and reciprocity.
• The Rules for Colorado based Firms including: Registration, Name, Disclosures and Peer Review.
• The Professional Conduct Rules and how to apply them including unlawful acts, client records, accountant/client privilege and understanding the grounds for disciplinary action.

This Colorado course taken in combination with the Illumeo General Ethics course provides 4 hours of continuing professional education sufficient to meet the Colorado state continuing professional education requirement.