What are at least three ethic code violations that may result in criminal and/or civil accountant liabilities?© BrainMass Inc. brainmass.com June 3, 2020, 9:29 pm ad1c9bdddf
Other Sections Sarbanes Oxley Act That Impact Accountant Liability
1. "While Titles I and II deal directly with audit practice and accountant liability, other sections of the SOA also relate to accountant liability. These include Section 802, which increased criminal penalty for "destruction, alteration, or falsification of records in Federal investigations" to a maximum of 20 years in prison.
2. Accountants are also required by this section to "maintain all audit or review workpapers for a period of 5 ...
300+ words give 3 violations that make an accountant liable in criminal/civil court.