The following is a list of circumstances that might be faced by a public accounting firm.Select the rule violated of the AICPA Code of Professional Conduct in the second column.If no rule is violated select "no violation" (this may be used once,more than once,or not at all) .Rules may be used either once,or not at all.
-A CPA does not follow generally accepted auditing standards in the audit of a nonpublic US company.
A) Acts discreditable.
B) Accounting principles.
C) Integrity and objectivity.
D) Compliance with standards.
E) Independence.
F) Contingent fees.
G) No violation.
Correct Answer:
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A)Applies
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