Ala. Admin. Code r. 30-X-7-.08

Current through Register Vol. 43, No. 1, October 31, 2024

Section 30-X-7-.08 - Conduct Discreditable To The Public Accounting Profession

When considering complaints filed against registrants for violating Section 11(k) of the Act or Rule 30-X-6-.05(1) the phrase "conduct discreditable to the public accounting profession" shall be construed in the light of the following broad recognition of responsibilities:

(a) The reliance of the public in general and the business community in particular on sound financial reporting and advice on business affairs imposes on the public accounting profession an obligation to maintain high standards of technical competence, morality and integrity. To this end all persons permitted to practice as Certified Public Accountants or Public Accountants under the laws of Alabama shall at all times maintain independence of thought and action, hold clients' affairs in strict confidence, strive continuously to improve the practitioner's skills, observe generally accepted accounting principles and generally accepted auditing standards, promote sound and informative financial reporting, uphold the dignity and honor of the public accounting profession, and maintain high standards of personal conduct.

Filed September 3, 1982. Amended: Filed May 9, 2007; effective June 13, 2007.

Author: Alabama Board of Public Accountancy

Statutory Authority:Code of Ala. 1975, § 34-1-3.