Disciplinary Systems of the Profession

Question 1

What are the Possible results due to violation of AICPA Ethics code

Answer 1

Admonishment
Corrective Action
Suspension (Up to 2 years)
Expulsion

Question 2

What events would result in automatic expulsion from the AICPA

Answer 2

License is revoked by the state
Convicted of a crime (over 1 year prison term)
Files a fraudulent Tax return
Fails to file their Tax return

Question 3

A CPA who is convicted of filing a fraudulent tax return

Answer 3

will likely be expelled or suspended from the AICPA membership