Each of the following situations relates to Rule 502, Advertising and Other Forms of Solicitation: a. A

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Each of the following situations relates to Rule 502, "Advertising and Other Forms of Solicitation":

a. A trade association engages a CPA to analyze specific problems affecting members of the association. The results of the CPA's analysis will bear the CPA's name, be reproduced by the association, and be distributed to association members.

Required: Does Rule 502 prohibit distribution of results of the CPA's analysis?

Explain.

b. A CPA is engaged by the local chapter of a national accounting association to conduct a continuing education course for its members. The CPA is identified in promotional material distributed by the association.

Required: What responsibility does the CPA have for information included within the promotional material? Explain.

c. A CPA is retained by a stock brokerage client to prepare a booklet on the tax aspects of security transactions. The client bears all printing costs and compensates the CPA for time expended on the project. A legend on the cover of the booklet states that it was prepared by the CPA. Booklets are mailed to the brokerage client's customers with end-of-month statements.

Required: 

Is there any objection to this practice? Explain.

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