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    Audit: Why is the Code of Conduct important to the profession?

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    The Code of Professional Conduct is very important for the auditing profession. The AICPA, State Boards, and other professional organizations spend a great deal of time and effort implementing, and reinforcing the ethical standards, and penalizing those who violate the ethical standards.


    Why is the Code of Conduct important to the profession?
    Many professionals believe that in today's business environment it is more difficult to adhere to the Code of Professional Conduct. Why might this be true?

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    Solution Preview


    The AICPA Code of Professional Conduct serves to govern the behavior of CPAs in the discharge of their services and functions such that ...

    Solution Summary

    The expert determines why the Code of Conduct is important to the auditing profession.