Week 5 Homework Assignment: AICPA Code of Professional Conduct

• I). AICPA Code of Professional Conduct

• II). What AICPA code section would cover XBRL from the standpoint of an accountant providing misleading information that is ……….. posted to XBRL and please provide a rationale for that position.

SOLUTION 

Week 5 Assignment—AICPA Code of Professioal Conduct

The American Institute of Certified Public Accountants (AICPA) was created to govern the conduct of all certified public accountants (CPAs), whom are member of such organization..The AICPA Professional Code of Conduct serves to assist the greater public in building trust and support with CPAs they work with. They are equivalent to rules that an employer or partner can refer to evaluate the behavior or conduct of the accountant. Should the accountant be found that they are not upholding the standards within the code, they can be reported to the AICPA for futher action.

Introduction

The AICPA Code of Professional Conduct is made up of ten articles that further support their purpose (Collins & Shultz, p.g. 32). It is divided into two sections: Principles and Rules. The principles provide the basis for the rules section but both work together to govern the conduct of AICPA members.…..please click the icon below to purchase the solution at $15