Aicpa Code Of Professional Conduct Acts Discreditable
Interpretations under rule 501 acts discreditable.
Aicpa code of professional conduct acts discreditable. The acts discreditable rule of the aicpa code of professional conduct is the shortest and simplest of all rules and the only rule that applies to retired or nonworking cpas. A professional code of conduct is a. It is also the most all encompassing of all the aicpa ethics rules. Independence required for everything except.
Learn vocabulary terms and more with flashcards games and other study tools. On june 1 2014 the aicpa issued a codification of the code s principles rules interpretations and rulings revised code. Discrimination on the basis of race is one such act. Rule 501 of the aicpa s code of professional conduct prohibits acts that are discreditable to the profession.
According to the aicpa code of professional conduct which of the following activities results in an act discreditable to the profession. Discrimination on the basis of race is one such act. A few examples are given but the rule is basically open ended. Start studying the aicpa code of professional conduct.
The aicpa s code of professional conduct rule 501 prohibits acts discreditable to the profession. The acts discreditable rule applies to members in public practice 1 400 001 and members in business 2 400 001 directly in the aicpa code and to educators and individuals who work in notfor profit businesses because they may engage in the kinds of professional activities covered by the code i e audits reviews compilations tax services. On june 1 2014 the aicpa issued a codification of the code s principles rules interpretations and rulings revised code. A cpa solicits recent uniform cpa examination questions without written authorization from the aicpa.
The aicpa s code of professional conduct rule 501 prohibits acts discreditable to the profession. 0 200 020 application of the aicpa code 01 the code of professional conduct the code was originally adopted on january 12 1988 and was periodically revised through june 1 2014.