Visit the AICPA’s web site and read Sections ET 50 to 57 of the Code of Professional Conduct and By-laws. Prepare a memo to your professor setting forth the important professional guidelines incorporated in the Code. For each principle you identify, provide an example of how that principle might impact you in your career as a forensic accountant.
Answer to relevant QuestionsVisit the AICPA’s web site and read Section ET 100, paragraphs .06 to .26 of the Code of Professional Conduct and Bylaws. Prepare a memo to your professor providing:1. The definition of independence2. Types of threats a ...What is the purpose of the threats and safeguard approach set forth in the AICPA’s Guide for Complying with Rules 102– 505?Define capitalization and explain its two components.Identify and discuss three reasons that prospective data are rarely used to value closely held companies.What factors are considered in selecting the appropriate valuation approaches and methods in a business valuation engagement?
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