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.

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.

  “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.

ā€œEthics rule will require CPAs to discuss suspected illegal acts with clientsā€, located at: https://www.thetaxadviser.com/issues/2018/feb/ethics-rule-suspected-illegal-acts-clients.html

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