Members of CPA Canada are expected to maintain higher standards than society in general:
A)because they are required to by federal law.
B)only if they are certifying the financial statements of a company whose stock is listed on a national exchange.
C)because their ability to attract business depends entirely upon their reputation.
D)as long as they are working for themselves.

Question

Quizplus · Accepted Answer

Members of CPA Canada, like other professional accountants, are expected to maintain higher standards primarily because their reputation is crucial for attracting and retaining business. Their professional conduct and ethical standards are key to maintaining public trust and client confidence, which are essential for their success in the field. This expectation is not limited to those working in specific sectors or conditions but applies broadly to all members regardless of their specific roles or employment status.

Members of CPA Canada Are Expected to Maintain Higher Standards