question8

(TCO C) Based upon the below four situations, explain your position of why or why not the following circumstances would have violated the professions ethical standards when you are a practicing CPA. 1. Expressed an unmodified opinion on the current years financial statements when fees for the prior years audit were unpaid 2. Recommended a controllers position description with candidate specifications to an audit client 3. Purchased a CPA firms practice of monthly write-ups for a percentage of fees to be received over a 3-year period 4. Made arrangements with a financial institution to collect notes issued by a client in payment of fees due for the current years audit