Question: Discuss the issue of commercialism versus professionalism in the accounting profession with respect to the changes in the rules of conduct described in the case.

Discuss the issue of commercialism versus professionalism in the accounting profession with respect to the changes in the rules of conduct described in the case. Do you think these changes are good or bad for the profession? For the public? Explain.

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The changes in many of the rules cited ie advertising contingent fees and commissions occurred because CPAs started performing a series of non audit services to audit clients back in the 1960s such as ... View full answer

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