A CPA's duty to be free of conflicts of interest is most closely related to the AICPA Code of Professional Conduct's Principle of:
A) Due care
B) Objectivity
C) Professional skepticism
D) Nonsubordination of professional judgment

Question

Quizplus · Accepted Answer

The AICPA Code of Professional Conduct's Principle of Objectivity requires that a CPA should not compromise their professional or business judgement because of personal bias, prejudice, or conflicts of interest. This principle of objectivity creates an obligation on the CPA to be independent in their professional judgment, which is essential for maintaining public trust and confidence in the accounting profession. Therefore, the duty of a CPA to be free of conflicts of interest is most closely related to the Principle of Objectivity.

A CPA's Duty to Be Free of Conflicts of Interest