Ethical conflicts for CPAs in business can occur when:
A) Obstacles exist to complying with professional and legal standards
B) Relationships exist with vendors
C) Threats from higher levels of management create constraints to providing accurate and reliable financial statements
D) All of the above

Question

Quizplus · Accepted Answer

All of the listed options can create ethical conflicts for CPAs in business. It is important for CPAs to maintain professional and legal standards, maintain independence from vendors, and provide accurate financial statements despite any pressure or threats from higher levels of management. Failure to do so can result in ethical violations and damage to the reputation of both the CPA and the organization they work for.

Ethical Conflicts for CPAs in Business Can Occur When