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    AICPA conduct, threats to independence, engagement letter

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    Address the following:
    The two parts of the AICPA Code of Professional Conduct;
    The three categories of threats to accountant independence;
    The necessity of audit engagement letters.

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    https://brainmass.com/business/accounting/aicpa-conduct-threats-independence-engagement-letter-552306

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    The two parts of the AICPA Code of Professional Conduct

    The AICPA code of professional conduct has two parts, the principles and the rules. The principles explain how the members are supposed to conduct themselves in carrying out their professional duties. The rules are the technical standards required in completing the work.

    The three categories of threats to accountant independence.

    There are typically several types of threats to the auditor's independence and they can be overlapping such as:

    PERSONAL:
    Self-interest: acting based on personal emotion or ...

    Solution Summary

    Your discussion is 312 words and two references and mentions five threats to auditor independence.

    $2.19

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