Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder

Exercise 25

Schoeck, CPA, is considering leaving a position at a major public accounting firm to join the staff of a local financial institution that does write-up work, tax preparation and planning, and financial planning.
Required:
a. Are the Rules of Conduct applied differently to CPAs who work for a local financial institution that is not CPA-owned, as compared to a major public accounting firm?
b. Do you think the rules should be applied differently to CPAs depending on the type of entity they work for?