What are the six ethics related areas enforced by the American Institute of Certified Public Accountants?
What will be an ideal response?
Answer: These areas include responsibilities; the public interest; integrity; objectivity and independence; due care; and scope and nature of services. Accountants must comply with these six ethics-related areas in order to maintain certification with the AICPA.
You might also like to view...
Use the following information to answer the question below. The following accounts appear in the ledger of Sayre Corporation on December 31, 20xx: Preferred Stock $30,000 Common Stock 56,000 Additional Paid-in Capital, Preferred 7,000 Additional Paid-in Capital, Common 18,000 Retained Earnings 40,000 A balance sheet prepared on December 31, 20xx, would report total contributed capital of
a. $86,000. b. $93,000. c. $111,000. d. $151,000.
When a business sells an item and collects a state sales tax on it, a current liability to the state arises
Indicate whether the statement is true or false
What is a selfie?
A. A self-photograph placed on a social media website. B. A web format used to publish frequently updated works. C. A magazine published only in electronic form on a computer network. D. The practice of sending brief posts to a personal blog.
The tour guides Jose and her will be with the group for one week
What will be an ideal response?