Why are certified public accountants expected to maintain higher standards than society in general?
A) They are required to do so by federal law.
B) Their ability to attract business depends entirely upon their reputation.
C) They are only required to do so if they are auditing publicly held companies.
D) They are not employees.

Question

Quizplus · Accepted Answer

Certified public accountants rely heavily on their reputation for integrity and professionalism to attract and retain clients, making it crucial for them to maintain higher standards.

Why Are Certified Public Accountants Expected to Maintain Higher Standards