In the Auditing and Attestation section of the CPA exam,candidates are expected to demonstrate knowledge and understanding of the professional standards and the skill to apply that knowledge to performing auditing tasks.Some of the tasks that candidates are expected to perform are
A)differentiate between audits,tax,and compilation services
B)differentiate between the accounting standards for issuers and nonissuers
C)identify situations that might be unethical or a violation of professional standards,perform research and consultations as appropriate,and determine the appropriate action
D)recognize potentially unethical behavior of clients and determine the impact on the services performed
E)demonstrate the importance of identifying and following requirements,rules,and standards that are established by the AICPA
F)both A and B
G)both C and D
H)both D and E

Question

Quizplus · Accepted Answer

Candidates are expected to not only have knowledge of the professional standards but also understand the ethical implications of their actions. Therefore, they are expected to identify unethical situations and determine appropriate actions in accordance with professional standards. They should also be able to recognize potentially unethical behavior of clients and determine the impact on services performed. Both of these tasks are covered in options C and D.

In the Auditing and Attestation Section of the CPA Exam,candidates