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universalcpareview.com
What are the six principles of the AICPA code of professional conduct? - Universal CPA Review
AICPA outlined the professional code of conduct to guide members in the performance of their professional responsibilities and express the basic tenets of ethical and professional conduct. The principles of the professional conduct include responsibility, public interest, integrity, objectivity and independence, due care, and scope & nature of ...
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Jan 4, 2021
AICPA Code of Professional Conduct AICPA Code Explained
Which statement best describes a requirement in the AICPA Code of Professional Conduct that applies when you receive a commission or a referral fee for referring a client to another service provider?a. You must monitor the delivery of that other service to the client.b. You must mention the fee arrangement to your firm's liability carrier.c. You must provide your client a written disclosure about the fee.d. You must tell the client verbally that you will be receiving a fee.
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