Buy custom Code Of Professional Ethics By American Institute Of Certified Public
Essay's paper info
| Topic: |
Business
|
| Number of pages / Number of words: |
5 / 1261 |
Essay's paper body
Within this
topic, the code mentions continuing improvement of the competence of CPAs in all
areas in which they engage. In fact, the requirements of competence are
established by law. If a man renders a service he is not familiar with, he
commits a fraud on the public (However, CPAs are supposed in a reasonable manner
to carry this principle beyond)...
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The code of ethics assumes that in situations
where CPAs face a problem he/she is not familiar with, they may ask other
practitioners for help. A CPA may drop the case only when his/her efforts prove
to be futile. From the other standpoint, there are always unknowns in every
profession. Thus, to assume that every practitioner is completely knowledgeable
would be inaccurate...
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