Question

The _______ requires that members accept the obligation to act in a way that will serve the clients, credit grantors, or employers; honor the clients, credit grantors, or employers; and demonstrate professionalism.

A)AICPA Code of Professional Conduct
B)Generally Accepted Auditing Standards (GAAS)
C)International Standards on Auditing (ISA)
D)Sarbanes-Oxley Act

Answer 1

The AICPA Code of Professional Conduct requires members to act ethically in their professional roles, serving clients and employers with integrity and professionalism.

Step-by-step explanation:

The requirement mentioned in the question refers to an ethical framework that guides members to act in a manner that serves clients, credit grantors, or employers with honor and professionalism. The correct answer to the question is A) AICPA Code of Professional Conduct. This code is issued by professional organizations and encompasses principles and ethical standards that must be followed. Professional organizations across various fields, including sociology, statistics, and engineering, establish such codes of conduct to ensure responsible and ethical professional behavior and decision-making. It is a set of guidelines that CPAs must follow to ensure ethical behavior in their professional practice.