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
Included with
Gain insight into a topic and learn the fundamentals.
Beginner level
Recommended experience
5 hours to complete
Flexible schedule
Learn at your own pace
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
- Generally Accepted Auditing Standards
- Competitive Analysis
- Public Accounting
- Financial Reporting
- Financial Auditing
- Ethical Standards And Conduct
- Standard Accounting Practices
- Auditing
- Supply And Demand
- Certified Public Accountant
- Market Analysis
- Market Dynamics
- Non-Profit Accounting
- Governmental Accounting
- Internal Auditing
- Business Economics
- Economics, Policy, and Social Studies
- External Auditing
- Economics
Details to know

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Recently updated!
March 2026
Assessments
5 assignments
Taught in English
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Build your subject-matter expertise
This course is part of the CPA Licensure Prep: Special Topics in Accounting Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
- Learn new concepts from industry experts
- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
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There are 4 modules in this course
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University of California, Santa Barbara

University of California, Santa Barbara
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