PROFESSIONAL
ETHICS AND STANDARDS
This section of the
Web site contains information concerning the standards of professional
ethics. All
licensees holding the Ohio permit must comply with the rules
of professional conduct. These rules incorporate both the technical
professional standards (generally accepted accounting principles,
generally accepted auditing standards, compilation and review
standards, attestation standards, etc.) and the behavioral standards
(retention of client records, responses to board communications,
confidentiality, commissions and contingent fees, etc.) Beginning
in 2004, the new 3-credit professional standards and responsibilities
CPE requirement became
effective for licensees whose CPE was due by December 31, 2004.
Consult the Professional Standards
and Responsilibities FAQ for additional information.
Sources of professional
standards and guidance include the AICPA, FASB, GASB, PCAOB,
and SEC.
The Accountancy Board
of Ohio is charged with enforcing the professional standards.
Included for your reference are the Board Investigation
Procedures and Complaint Filing Procedures.We adapted a page from
the Oregon Board of Accountancy called "Ten Ways to Mess
Up Your License." The list of Board Disciplinary
Actions verifies this.
