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Unformatted text preview: unacceptable. The CPA’s reputation and career is on the line, so it is very important for them to act accordingly and ethical. 2. Auditors should have a moral or professional responsibility to turn in clients who are cheating on their taxes or violating other laws. But, I believe they should only do it when they discover the act itself. This is when moral judgment comes into play. While performing their job if the auditors find out if their clients had been cooking their book, the auditors should warn them and let their clients know that they have rights to turn them in if they don’t stop. If it still continued, the auditors should stop the business relationship and are most likely have to report it. 3. If I were Jess, I would advise Rick that I must remain objective and adhere to high ethical standards. The parties that would be affected by the decision is the client, employer Work cited http://www.aicpa.org/Research/Standards/CodeofConduct/Pages/et_300.aspx#et_301...
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This note was uploaded on 02/19/2012 for the course ACCOUNTING 320 taught by Professor Rich during the Fall '12 term at Columbia College.
- Fall '12