A CPA wishes to accept a commission from one client for marketing the client's software product to other clients served by the CPA.The CPA:

Question

Quizplus · Accepted Answer

According to the AICPA Code of Professional Conduct, a CPA may accept commissions or referral fees for recommending a product or service to a client or other third party, as long as the CPA discloses the commission to the client or third party. However, this is only allowed if the potential purchasers are not audit clients of the CPA firm, as this could create a conflict of interest.

A CPA Wishes to Accept a Commission from One Client