Podcast
Questions and Answers
What should professional accountants avoid in marketing and promoting themselves?
What should professional accountants avoid in marketing and promoting themselves?
- Making exaggerated claims about their services, qualifications, or experience (correct)
- Using flashy advertisements
- Competing aggressively with other professionals
- Providing discounts to attract more clients
Which action by professional accountants could potentially bring the profession into disrepute?
Which action by professional accountants could potentially bring the profession into disrepute?
- Making unsubstantiated comparisons to the work of others (correct)
- Engaging in continuous professional development
- Following ethical guidelines
- Being transparent about their qualifications
What is a key aspect of professional behavior for accountants?
What is a key aspect of professional behavior for accountants?
- Complying with ethical standards and honesty (correct)
- Disparaging references to competitors
- Making exaggerated claims about their services
- Being dishonest in financial reporting
How can threats to compliance with fundamental principles be mitigated?
How can threats to compliance with fundamental principles be mitigated?
What type of actions may negatively affect the good reputation of the accounting profession?
What type of actions may negatively affect the good reputation of the accounting profession?
Which behavior should professional accountants refrain from when promoting themselves?
Which behavior should professional accountants refrain from when promoting themselves?
What is a potential threat to compliance with fundamental principles?
What is a potential threat to compliance with fundamental principles?
What action by professional accountants could lead to disrepute of the profession?
What action by professional accountants could lead to disrepute of the profession?
What should professional accountants avoid when marketing their services?
What should professional accountants avoid when marketing their services?
How should professional accountants handle conflicts that may threaten compliance with fundamental principles?
How should professional accountants handle conflicts that may threaten compliance with fundamental principles?
