Description
Can a CPA firm that is controlled by non-CPAs have an ethical issue? Explain.
Explanation & Answer
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An accounting firm with non-certified accountants suffers combined effects of a small labor pool and increasing growth opportunities for the business. While adding non-CPAs keeps payroll expenses low and allows you to service more customers, its downside is increasing ethical challenges. bylaws require CPAs members to adhere to a code of ethics, this eliminates the ethics violations that non-CPA employees may commit.
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