Discussion 1: Ethical Dilemmas And Auditor Independence
• Examine the role of professional ethics in conducting an audit. Select an ethical dilemma that may arise during an audit and discuss how you would resolve it.
• Discuss auditor independence in the AICPA Code rules. Examine current safeguards available to reduce the risks of violating auditor independence.
Discussion 2: Ethics Rule and Illegal Acts
• Discuss the CPA responsibility in reporting illegal acts as stated in the article below. Would the new rule reduce AICPA ethics violations? Support your conclusion.
• "Ethics rule will require CPAs to discuss suspected illegal acts with clients".
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.