AICPA Disciplinary Actions against auditors
Auditing Question-need
Visit the American Institute of Certified Public Accountants (AICPA) Web site at www.aicpa.org and search for recent AICPA Disciplinary Actions against auditors who did not exercise due professional care and skepticism in performing the audits.
Write brief summary of one case, describing the auditing standards violated.
Discuss whether you agree or not with the AICPA Disciplinary Actions in each case and whether you think the actions were sufficient and fair.
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In this article there is a summary of a case on the disciplinary activity that is carried out by the AICPA, it is a case investigated well by the Professional Ethics Division. However before any case is terminated it is well handled by a body known as Joint Trial Board Division and actions carried under the automatic provision of bylaws of the AICPA (McGee, & Dumont Institute for Public Policy Research, 1990).
According to Weirich, Churyk, & Pearson, (2012), if a member is suspended for a period of up to two years then he or she must not identify himself……………
APA
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