Under the AICPA Code of Professional Conduct, which of the following rules is not applicable to CPAs in business?  A. Integrity and objectivity  B. General standards  C. Independence  D. Acts discreditable

Which of the following statements is false when a company’s internal audit department is asked to complete consulting work? In some instances, management or the audit committee may be somewhat averse to the concept that internal auditors should provide consulting services, primarily because they fear it would impair the internal auditors’ objectivity. the internal audit charter should include provisions for consulting engagements as the internal audit function would then have access to all areas of the organization when performing consulting engagements as it does when performing assurance engagements. Not including consulting services in the charter will never create confusion should the internal audit function decide to provide any form of advice, and will never increase the likelihood for disagreement regarding the internal audit function’s position on consulting services.

General Ethics. Is there any moral difference between a disapproved action in which youare caught and the same action that never becomes known to anyone else? Do many persons in business and professional society make a distinction between these two circumstances? If you respond that you do (or do not) perceive a difference while persons inbusiness and professional society do not (or do), how do you explain the differences inattitudes?

V2. If a lawyer refuses to furnish corroborating information regarding litigation, claims, and assessments. the auditor should: disclose this fact in a footnote to the financial statements. seek to obtain the corroborating information from management. C) consider the refusal to be a scope limitation. D) honor the confidentiality of the client-lawyer relationship.

20. Which of the following is not a fundamental principle of ethics for Professional accountants? a. Integrity b. Advocacy c. Objectivity d. Confidentiality

Statements on Accounting and Review Services are enforceable under the AICPA Code of Professional Conduct. True or False?

Which of the following is not one of the basic standards of the Institute of Management Accountants (IMA) Code of Ethics?   Multiple Choice   Integrity   Honesty   Confidentiality   Competence

Which organization or group is the only one that “controls” the forensic accounting profession and its credentials? Group of answer choices ACFEI. AICPA. ACFE. NACVA. No one group “controls” the forensic accounting profession.

QUESTION 1 Registered auditors have skills and knowledge to perform their functions and they should be completely honest in performing their functions. The following actions taken by registered auditors are examples of non-compliance with one or more of the fundamental principles. Required: Identify with explanations which of the fundamental principles belonging to the SAICA Code of Professional Conduct have not been complied with in each of the situations described below: a) Randy Rice the registered auditor in charge of the Perry Sauce (Pty) Ltd audit, made racist comments concerning the clients staff during an audit planning session. b) Jerry Jan the registered auditor in charge of the audit of Dribble Drabble (Pty) Ltd, charged the client a fee for audit procedures which he knew had not actually been carried out. c) Tolly Ted a registered auditor, arranged with some of his clients to pay the fees which he charged for his services in cash. Any client agreeing to do so was not…

Which of the following acts by a CPA would be most likely to be a violation of the AICPA Code of Professional Conduct?  Select one:  A “covered member” owns an immaterial amount of stock in an audit client.  Accepting a fee in a tax matter that is contingent upon the result of an administrative proceeding.   Assisting a client in preparing a financial forecast.   Forming a professional corporation to practice as a CPA.