ACC499 week 8

Discussion 1

Ethical Dilemmas and Auditor Independence"

· Examine the role of professional ethics in conducting an audit.  Select an ethical dilemma that may arise during an audit and discuss how you would resolve it.

· Discuss auditor independence in the AICPA Code rules. Examine current safeguards available to reduce the risks of violating auditor independence.

Discussion 2

Ethics Rule and Illegal Acts"

· Discuss the CPA responsibility in reporting illegal acts as stated in the article below. Would the new rule reduce AICPA ethics violations?  Support your conclusion.