Question 1
What are the six Ethical Principles stated in the
Code of Professional Conduct? Briefly discuss each principle. Are these principles enforceable?
Question 2
A CPA performs bookkeeping services for a client and then performs an audit of those financial statements. This is an example of a ________ threat.
◦ familiarity
◦ self-interest
◦ self-review
◦ management participation