Question

The AICPA revised code applies to CPAs in the performance of all professional services except:

A) Tax Services
B) Consulting Services
C) Audit and Attestation Services
D) Internal Control Services

Answer 1

The revised AICPA Code does not apply to CPAs when they are performing Internal Control Services; all other services listed, such as Tax, Consulting, and Audit and Attestation Services are covered by the Code, ensuring ethical conduct and professional standards are met.

Step-by-step explanation:

The American Institute of Certified Public Accountants (AICPA) Code of Professional Conduct applies to Certified Public Accountants (CPAs) in the performance of professional services. However, the revised AICPA Code does not apply to CPAs when they are performing Internal Control Services.

The other options, such as Tax Services, Consulting Services, and Audit and Attestation Services, all fall under the purview of the AICPA Code of Professional Conduct. Professionals offering these services are required to follow the stipulated ethical guidelines and professional standards indicated in the AICPA Code.

This is important to ensure integrity, objectivity, and adherence to professional standards. The AICPA Code provides a comprehensive framework for CPAs to follow which ensures consistency and quality across the range of services they provide to the public and their clients.