-Professional Responsibilities Flashcards

(28 cards)

1
Q

What engagements are covered by the AICPA Code of Professional Conduct?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What must an accountant have under the AICPA Code of Professional Conduct?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What are threats and safeguards to independence?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What are some threats to independence?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What are the safeguards to independence?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What are the characteristics of a Covered Member?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What are the requirements for a Covered Member?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What happens when a Covered Member disagrees with a Supervisor?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What types of engagements require independence?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What are the requirements for nonattest engagements?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Which standards apply to consulting engagements?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What are common types of consulting engagements?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What is the rule concerning contingent fees for a covered member?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

When are contingent fees allowed?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

How should recommendations and suggestions by a covered member to a client be handled?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What are the requirements for Personal Financial Planning Engagements?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

17
Q

When is a GAAP departure appropriate?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

18
Q

When may a covered member disclose confidential information?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

19
Q

What is the effect of not returning all client-provided documents upon request?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

20
Q

What are the rules with respect to CPA firm names?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

21
Q

What is the consequence of disclosing CPA exam material?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

22
Q

What are the consequences for a CPA who commits an Act Discreditable?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

23
Q

What are the functions of the PCAOB?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

24
Q

When is independence impaired under PCAOB standards?

A

This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit ninjaCPAreview.com.

25
Who must approve non-audit work performed by a firm for a client?
This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit [**ninjaCPAreview.com**](https://www.ninjacpareview.com/flashcard-update).
26
Which organization is in charge of determining if federal funds are being misappropriated?
This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit [**ninjaCPAreview.com**](https://www.ninjacpareview.com/flashcard-update).
27
What rules must auditors follow for governmental audits?
This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit [**ninjaCPAreview.com**](https://www.ninjacpareview.com/flashcard-update).
28
Can a non-issuer request an audit under PCAOB Standards?
This content is no longer supported by NINJA CPA Review. For 2024 CPA Exam updates and beyond, please visit [**ninjaCPAreview.com**](https://www.ninjacpareview.com/flashcard-update).