Interpretation 102-4 in the AICPA Code of Professional Conduct calls for differences of opinion between the controller and CFO to be first taken up with:
A)The CEO
B)The board of directors
C)The external auditors
D)The SEC

Question

Quizplus · Accepted Answer

Interpretation 102-4 states that differences of opinion should first be taken up with "the highest level of authority in the organization." In most cases, this would be the CEO. Therefore, option A is the best choice. Options B, C, and D may also be appropriate in some situations, but they are not the first step called for by the interpretation.

Interpretation 102-4 in the AICPA Code of Professional Conduct Calls