“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.

“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?