Homework

 

Go to the AICPA’s website ().

  • Under Research, click Standards.
  • On the standards page, click the code of professional conduct link.
  • Click on the link, then expand the topic by clicking the plus icon plus-icon.
  • Click on the blue link .
  • Search for rules 1.700.001 (formerly 301.01) and 1.510.001 (formerly 302.01).
  • Summarize each of these rules in 23 pages (12-point, double spaced) and give an example of when a contingent fee would be permitted and another example of when a contingent fee would not be permitted under this rule. Please give different examples than the ones in the rule.