Rule 101, Independence, prohibits a CPA from performing both audit services and bookkeeping services for the same public company in the same year.

Question

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Rule 101 of the AICPA Code of Professional Conduct prohibits a CPA from providing both audit and bookkeeping services to the same client in the same year to ensure independence and objectivity in the audit process.

Rule 101, Independence, Prohibits a CPA from Performing Both Audit