Kan. Admin. Regs. § 74-5-102

Current through Register Vol. 43, No. 24, June 13, 2024

Section 74-5-102 - Integrity and objectivity

(a) In the performance of professional services, each certified public accountant or firm shall maintain objectivity and integrity, shall be free of conflicts of interest, and shall not knowingly misrepresent facts to others or subordinate the accountant's or firm's judgment to another's judgment. In tax practice, any certified public accountant, or firm may resolve doubt in favor of the client if there is reasonable support for that position.

(b) Each certified public accountant or firm shall comply with the following applicable standards:

(1) AICPA "code of professional conduct," including the interpretations, as contained in the AICPA professional standards adopted by reference in K.A.R. 74-5-2(b) (5), which shall be used in determining whether integrity and objectivity have been maintained;

(2) chapter three of the government auditing standards adopted by reference in K.A.R. 74-5-2; and

(3) PCAOB rules, section 3, "professional standards," part 5, "ethics," as adopted by reference in K.A.R. 74-5-2.

Kan. Admin. Regs. § 74-5-102

Authorized by and implementing K.S.A. 1-202; effective Jan. 1, 1966; amended Jan. 1, 1974; amended May 1, 1978; amended May 1, 1985; amended Nov. 15, 2002; amended May 27, 2005; amended May 19, 2006; amended May 29, 2009; amended Feb. 19, 2016; amended by Kansas Register Volume 43, No. 15; effective 4/26/2024.