Ethics and Computer Science > EXAM > AICPA ETHICS EXAM 2024 COMPLETE STUDY QUESTIONS WITH CORRECT ANSWERS GUARANTEED PASS | RATED A+ (All)
AICPA ETHICS EXAM 2024 COMPLETE STUDY QUESTIONS WITH CORRECT ANSWERS GUARANTEED PASS | RATED A+ 1. American Institute of Certified Public Accountants Professional Ethics Executive Committee (PEEC) ... - Answer>>> -maintains the AICPA's Code of Professional Conduct -framework approach: provides a methodology for assessing facts and circumstances not contemplated under the rules ______________________________________________________________________________ _ -3 frameworks 2 for members in public practice (independence and all other areas) 1 for members in business ______________________________________________________________________________ Preface Part 1 for members in public practice (independence and all other areas) Part 2 for member in business Part 3 for all other members Glossary 2. 6 Principles of Professional Conduct - Answer>>> Responsibilities The Public Interest Integrity Objectivity and Independence Due Care Scope and Nature of Services 1. Responsibilities - Answer>>> In carrying out your professional responsibilities, you should exercise sensitive professional and moral judgment 2. The Public Interest - Answer>>> You should act in a way that will serve the public interest, honor the public trust, and demonstrate your commitment to professionalism 3. Integrity - Answer>>> To maintain and broaden public confidence, you should perform all professional responsibilities with the highest sense of integrity 4. Objectivity and Independence - Answer>>> You should maintain objectivity and be free of conflicts of interest in discharging your professional duties. If you work for a public accounting firm that provides audit and other attestation services, you should be independent in fact and in appearance. 5. Due Care - Answer>>> You 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 your ability [Show More]
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