Directions: Case I: The AICPA Code of Professional Conduct Isaac Newey, CPA, is considering leaving a position at a major public accounting firm to join the staff of a local bookkeeping and advisory firm that does write-up work, tax preparation and planning, and financial planning. The local firm is not owned by CPAs and does not provide attest services. Question: Are the Rules of Conduct applied differently to CPAS who work for a local financial institution like the one described above, as compared to a major public accounting firm?

SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter4: Gross Income
Section: Chapter Questions
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Directions:
Case I: The AICPA Code of Professional Conduct
Isaac Newey, CPA, is considering leaving a position at a major public accounting firm to join
the staff of a local bookkeeping and advisory firm that does write-up work, tax preparation
and planning, and financial planning. The local firm is not owned by CPAS and does not provide
attest services.
Question:
Are the Rules of Conduct applied differently to CPAS who work for a local financial institution
like the one described above, as compared to a major public accounting firm?
Transcribed Image Text:Directions: Case I: The AICPA Code of Professional Conduct Isaac Newey, CPA, is considering leaving a position at a major public accounting firm to join the staff of a local bookkeeping and advisory firm that does write-up work, tax preparation and planning, and financial planning. The local firm is not owned by CPAS and does not provide attest services. Question: Are the Rules of Conduct applied differently to CPAS who work for a local financial institution like the one described above, as compared to a major public accounting firm?
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