The membership of both societies is voluntary, and becoming a member manifests Amante would regard the importance of self-discipline, and would outdo the tax law and regulation requirements.
All AICPA members are subjected to the AICPA standards and interpretations. The AICPA’s Statements on Standards for Tax Services (SSTSs) are technical standards for tax practices in which depict tax practitioners’ responsibilities to “taxpayers, the public, the government and the profession.” (AICPA …show more content…
The general idea of this Code of Professional Conduct is that when “in the performance of any professional service, a member shall maintain objectivity and integrity, shall be free of conflicts of interest, and shall not knowingly misrepresent facts or subordinate his or her judgment to others.” (2014, AICPA Code of Professional Conduct) Members of the society are required to follow the seven major principles mentioned in the Code of Professional Conduct, which are responsibility, public interest, integrity, objectivity and independence, due care, and scope and nature of services. That is to say, tax practitioners need to be sensitive to morality in their activities during work. They should understand the spirit of the standards and apply these requirements in their own professional judgements to continually enhance the quality of tax services.
If Amante failed to uphold the standards, she will be subject to investigation by the Society’s Ethic Committee for reasonable discipline under the Joint Ethics Enforcement Program (JEEP) agreed by both the AICPA and IL CPA Society. Also, Amante needs to comply with other standards and ethics rules included in the Internal Revenue Code, the fundamental federal tax law of the United