-Professional Responsibilities Flashcards
(28 cards)
What engagements are covered by the AICPA Code of Professional Conduct?
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What must an accountant have under the AICPA Code of Professional Conduct?
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What are threats and safeguards to independence?
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What are some threats to independence?
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What are the safeguards to independence?
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What are the characteristics of a Covered Member?
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What are the requirements for a Covered Member?
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What happens when a Covered Member disagrees with a Supervisor?
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What types of engagements require independence?
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What are the requirements for nonattest engagements?
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Which standards apply to consulting engagements?
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What are common types of consulting engagements?
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What is the rule concerning contingent fees for a covered member?
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When are contingent fees allowed?
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How should recommendations and suggestions by a covered member to a client be handled?
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What are the requirements for Personal Financial Planning Engagements?
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When is a GAAP departure appropriate?
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When may a covered member disclose confidential information?
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What is the effect of not returning all client-provided documents upon request?
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What are the rules with respect to CPA firm names?
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What is the consequence of disclosing CPA exam material?
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What are the consequences for a CPA who commits an Act Discreditable?
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What are the functions of the PCAOB?
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When is independence impaired under PCAOB standards?
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