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Author Question: Which of the following are the four general standards a member has to comply as per AICPA Rules of ... (Read 107 times)

@Brianna17

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on: Jul 6, 2018
Which of the following are the four general standards a member has to comply as per AICPA Rules of Professional Conduct, Rule 201?
 
  A) professional competence, due professional care, planning and supervision, and integrity and objectivity
  B) professional competence, due professional care, public trust, and sufficient relevant data
  C) professional competence, due professional care, planning and supervision, and sufficient relevant data
  D) independence, sufficient relevant data, due professional care, and integrity and objectivity

Question 2

In civil cases, the availability of data depends on the engaging party.
 
  Indicate whether the statement is true or false


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miss_1456@hotmail.com

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Reply #1 on: Jul 6, 2018
Answer to Question 1

C
Explanation: C) Professional competence, due professional care, planning and supervision and sufficient relevant data are the four general standards a member has to comply as per AICPA Rules of Professional Conduct, Rule 201.

Answer to Question 2

TRUE
Explanation: In civil cases, the availability of data depends on the engaging party. If the forensic accountant has been engaged by the party who has possession of the data, the data may be obtained directly from the client or through the engaging attorney.


@Brianna17

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Reply 2 on: Jul 6, 2018
Thanks for the timely response, appreciate it

debra928

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Reply 3 on: Yesterday
Wow, this really help

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