Member compliance with government regulations

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Reference no: EM133652700

Question

Which statement best describes the AICPA interpretation relating to a member's compliance with government regulations? A member would not be in violation of this interpretation if failure to follow government regulations was due to an excessively heavy workload. The AICPA interpretation relating to a member's compliance with government regulations applies solely to members in public practice. Failure to comply with regulatory requirements when performing government attest services may be deemed an act discreditable to the profession. Failure to comply with government regulations when performing attest services must be disclosed in writing to all future clients, potential clients, and employers.

Reference no: EM133652700

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