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Select the necessary words from the list of possibilities to complete the following statements. Answer Statements 1. The AICPA Code of Professional Conduct includes: Principles,
Select the necessary words from the list of possibilities to complete the following statements. Answer Statements 1. The AICPA Code of Professional Conduct includes: Principles, Rules and 2. Auditors must be independent of any enterprise and must also independent to third parties. 3. 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. 4. In evaluating independence, financial interests of a CPA's are ascribed directly to the CPA 5. CPAs in public practice should not accept a fee from an audit client that is upon a specified finding 6. Consulting services for audit clients should be advisory in nature, CPAs should not make decisions for these clients. 7. The Accounting Principles Rule requires the CPA to recognize the pronouncements of the Financial Accounting Standards Board and the Government 8. Retaining a client's accounting records for nonpayment of fees is an act to the profession 9. CPAs should not seek to obtain clients by that is false, misleading or deceptive. 10. Violation of the AICPA Code of Professional Conduct may result in admonishment, suspension or of the offending member
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