
Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343
Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 84
According to the AICPA Code of Conduct, which of the following acts is generally forbidden to CPAs in public practice?
A) Purchasing bookkeeping software from a high-tech development company and reselling it to tax clients.
B) Being the author of a "TaxAid" newsletter promoted and sold by a publishing company.
C) Having a commission arrangement with an accounting software developer to receive 4 percent of the price of programs recommended and sold to audit clients.
D) Engaging a marketing firm to obtain new financial planning clients for a fixed fee of $1,000 for each successful contact.
A) Purchasing bookkeeping software from a high-tech development company and reselling it to tax clients.
B) Being the author of a "TaxAid" newsletter promoted and sold by a publishing company.
C) Having a commission arrangement with an accounting software developer to receive 4 percent of the price of programs recommended and sold to audit clients.
D) Engaging a marketing firm to obtain new financial planning clients for a fixed fee of $1,000 for each successful contact.
Explanation
• Making profit by selling product is no...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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