Question

Statements Answer 1. The AICPA Code of Professional Conduct includes: Principles, Rules and interpretations st be independent of any enterprise and must also ______independent to third parties. A CPA's independence with respect to an enterprise will be impaired if the CPA has any or material indirect financial interest in the enterprise. In evaluating independence, financial interests of a CPA's are ascribed directly to the CPA CPAs in public practice should not accept a fee from an audit client that is _ upon a specified finding Consulting services for audit clients should be advisory in nature, CPAs should not assume the role of for these clients. The Accounting Principles Rule requires the CPA to recognize the pronouncements of the Financial Accounting Standards Board and the Government Retaining a client's accounting records for nonpayment of fees is an act _ to the profession. 8. 9. CPAs should not seek to obtain clients by _ _that is false, misleading or deceptive. Violation of the AICPA Code of Professional Conduct may result in admonishment, suspension or expulsion of the offending member.

Answer 1

Solutions

2. Appear

3. Direct Financial Interest

4.Immediate Family

5. Discreditable

6. Decision Maker

7.Accounting Standards Board.

8.Discreditable

9. Advertising

10.Expulsion