N.M. Admin. Code § 16.60.5.8

Current through Register Vol. 35, No. 24, December 23, 2024

Section 16.60.5.8 - DUTY TO ABIDE BY CODE OF PROFESSIONAL CONDUCT

A. In addition to its own rules of conduct, the board adopts the American institute of certified public accountants' (AICPA) professional standards: code of professional conduct. All certified public accountants and registered public accountants holding a current certificate and all holders of firm permits shall comply with the board's rules of conduct and the AICPA code of professional conduct or any successor code of professional conduct promulgated by AICPA in meeting and maintaining their responsibilities and requirements of ethical and professional conduct in the practice of public accountancy. This code of professional conduct is on file and available for review at the offices of the board and is available from AICPA.

B. By accepting licensure to engage in the practice of public accountancy or to use titles which imply a particular competence so to engage, the licensee also accepts the obligations of the profession and the duty to abide by the board's rules of conduct and the AICPA code of professional conduct.

C. Any departure from either the rules of conduct or the code of conduct must be justified, and individuals who do not adhere to them may be subject to board disciplinary action.

N.M. Admin. Code § 16.60.5.8

16.60.5.8 NMAC - Rp 16 NMAC 60.7.6, 02-14-2002