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What established accounting principles must I follow and what is enforceable under the Code of Professional Conduct?

April 26, 2017Accountants Accounting AICPA code conduct Enforceable Follow Principles professional

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What established accounting principles must I follow and what is enforceable under the Code of Professional Conduct?

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GAAP must be adhered to regardless of how a member practices in the profession. Statements on Auditing Standards No. 69 provides established accounting principles as well as the acceptable hierarchy of those principles.