Question: 10-39. Visit the AICPAs web site and read Section ET 100, paragraphs .06 to .26 of the Code of Professional Conduct and Bylaws. Prepare a

10-39. Visit 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 independence 2. Types of threats a CPA might encounter 3. The effectiveness of a safeguard 4. The broad categories of safeguards 5. One example of a safeguard suggested by this section of the Code In your conclusion, discuss the value of understanding each of these rules.

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