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Is It Voluntary for a Member of the AICPA to Follow

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Essay

Is it voluntary for a member of the AICPA to follow the AICPA's Code of Professional Conduct?


Definitions:

Posting

The process of recording financial transactions in the ledger of an accounting system.

Trial Balance

An accounting worksheet that sums up the balances from all ledgers into equal debit and credit column figures.

Related Accounts

Accounts in financial statements that are linked or associated with each other, often used to assess the financial health of a business.

Complete Unit

A single item that is ready for sale or use, containing all its necessary parts or components.

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