ACC411 Auditing Principles Discussion 2: Professional Ethics

This module covers the 10 generally accepted auditing standards (GAAS). Research the Code of Professional Conduct and then discuss how this module on ethics relates to GAAS.

How important is it to adhere to these standards? Is there any point in time in which you can loosely interpret or manipulate these standards? What is due professional care, and how does it refer to the GAAS?

 

Link for Code of Professional Conduct:

https://www.aicpa.org/research/standards/codeofconduct/downloadabledocum...