Always up to date, this course is designed to meet the Arizona biennial four-hour ethics CPE requirement for CPAs in business renewing their licenses. In addition to meeting Arizona State Board of Accountancy requirements, the course includes materials and examples designed to reinforce the CPA in business' practical understanding of professional ethics standards. Calendar year 2014 was a transition year for the AICPA Code of Professional Conduct. The Ethics Codification Project has fashioned a dramatically different Code, restructured so that users can apply the rules and reach correct conclusions more easily and intuitively. Of particular note is that the revised code has a separate section specifically designed for business users. The revised Code has been adopted and was effective December 15, 2014.