AICPA Code of Professional Conduct

Question 1

Responsibilities:

Answer 1

In carrying out their responsibilities as professionals, members should exercise sensitive professional and moral judgments in all their activities.

Question 2

The Public Interest:

Answer 2

Members should accept the obligation to act in a way that will serve the public interest, honor the public trust, and demonstrate commitment to professionalism.

Question 3

Integrity:

Answer 3

To maintain and broaden public confidence, members should perform all professional responsibilities with the highest sense of integrity.

Question 4

Objectivity and Independence

Answer 4

A member should maintain objectivity and be free of conflicts of interest in discharging professional responsibilities. A member in public practice should be independent in fact and appearance when providing auditing and other attestation services

Question 5

Due Care

Answer 5

A member should observe the profession’s technical and ethical standards, strive continually to improve competence and the quality of services, and discharge professional responsibility to the best of the member’s ability.

Question 6

Scope and Nature of Services:

Answer 6

A member in public practice should observe the Principles of the Code of Professional Conduct in determining the scope and nature of services to be provided.