Mich. Admin. Code R. 338.5255

Current through Vol. 24-22, December 15, 2024

Section R. 338.5255 - Qualifying continuing education content areas

Rule 255.

(1) Content areas qualifying for continuing education include any of the following:

(a) Accounting.

(b) Auditing.

(c) Management advisory services.

(d) Information technology.

(e) Mathematics, statistics, probability, and quantitative application to business.

(f) Economics.

(g) Finance.

(h) Business law.

(i) Business management.

(j) Professional ethics for certified public accountants.

(k) Taxation.

(l) Financial advisory services.

(m) Business valuations.

(n) Any other content areas that contribute to the professional competency of a licensee and for which the responsibility for compliance rests solely with the applicant or licensee.

(2) Content areas that qualify for continuing education in the study of professional ethics include any of the following:

(a) Behavioral ethics in any of the following areas:

(i) Ethical reasoning.

(ii) Ethical philosophy.

(iii) Ethics enforcement.

(iv) Ethical practice in business.

(v) International ethical professional standards.

(b) Technical ethics in the following areas:

(i) Business transactions with clients.

(ii) Competence.

(iii) Conflict of interest.

(iv) Contingent fees, commissions, and other considerations.

(v) Discreditable acts.

(vi) General and professional standards.

(vii) Independence.

(viii) Integrity and objectivity.

(ix) Malpractice

(x) Professional conduct.

(xi) Public interest and responsibilities.

(xii) State rules and regulations.

(c) Any other content area in the study of professional ethics that contributes to the professional competency of a licensee and for which the responsibility for compliance rests solely with the applicant or licensee.

Mich. Admin. Code R. 338.5255

1979 AC; 1986 AACS; 1996 AACS; 1998-2000 AACS; 2013 AACS; 2019 AACS; 2023 MR 20, Eff. 10/24/2023