Sources of Professional Ethics
Rules of Professional Conduct
The new AICPA Code of Professional Conduct
became effective on this date.
a) December 15, 2014
b) December 15, 2015
Which section of the AICPA Code of Professional
Conduct applies to members in public practice
Part 2 of the AICPA Code
What is a IMA?
Institute of Management Accountant.
What are the standard for IMA?
What is integrity?
Its the sections of the IMA Statements of Ethical Practice requires members to avoid
conflict of in
Daniel Robert Miller an CPA who had his CPA license revokes because he failed to prepare and
file both clients tax return, he failed to respond to the subpoena, he practiced public accountancy
The problem here is that whether or not Hal should tell the true to the
public about the overstated income and asset of Morris, Inc. In terms of the duty
as an accountant, he definitely should announce the true to the pub
Element of Fraud
1. The factors that defines my moral value today is culture, environment and experience.
Culture has an influence in my moral today because of how my culture believe that we
should do certain things. You should do what is right even if yo
Accountants legal responsibilities and liabilities
1. To whom can a CPA be liable?
Named 3rd party
Unanticipated 3rd parties
2. What are distinguishing characteristic between negligence, gross negligence and fraud?
EisnerAmper is the 14th largest accounting firm with nearly 1,300 employees and 180
partners. The firm provides many different services such as audit, tax, internal audit, pension
audit, executive compensation review and variety of other servi
1. At the beginning of 2016, this company changes from Average Cost to
FIFO. The following table presents information concerning the change.
The income tax rate for all years is 40%.
Income before Income Tax