Which of the following is defined as an act discreditable in

Which of the following is defined as an act discreditable in either the Rules or the interpretations of the AICPA\'s Code of Professional conduct? (Hint: think of AICPA\'s bylaws) a. A CPA was arrested for road rage and released with a $370 traffic finde. b. A CPA retained a schedule of legal expense analyses, which was prepared by the client at the request of the auditor, when the client was 6 months in arrear in paying the CPA\'s audit fee of $12,000 c. A CPA was arrested for shoplifting and sentenced to do 1200 hours of community services. d. A CPA was arrested for trespassing a private property and was imprisoned for 16 months.

Solution

B. a Cpa retained a schedule of legal expense analysis, which was prepared by the cleint at the request of the auditor, when the client was 6 months in arrear in paying the CPA\'s audit fee of $12000.

All other options are not related to professional conduct, rather they are personal acts of the concerned person, who may be a CPA or some other professional. In case of option B, keeping of records is not allowed under professional ethics and bylaws for CPA\'s.