Essay
For each of the following cases,indicate whether the action by a member CPA is a violation of the AICPA Code of Professional Conduct and cite the relevant rule.
A. Was a trustee of client's profit-sharing trust.
B. Accepted referral fees from local attorneys for nonattest clients with the clients' knowledge.
C. Performed an audit in accordance with GASB standards.
D. Advises a client to have an insurance review from a local insurance company in which the CPA has a material financial interest.
E. Promoted the CPA's tax service on local TV station.
Correct Answer:

Verified
Correct Answer:
Verified
Q26: An audit client hires a member of
Q27: A client has omitted a significant disclosure
Q28: Members of the AICPA are held responsible
Q29: The Code of Professional Conduct is very
Q30: A public accounting firm's independence is impaired
Q32: In which of the following circumstances would
Q33: The spirit of Rule 102 is that
Q34: Confidential information is information that should not
Q35: All CPAs are subject to the rules
Q36: _,_,or _ advertising is not in the