| Introduction | 29 |
| A Definition of Ethics | 29 |
| How Do You Act When No One Is Looking? | 29 |
| Principles of Professional Conduct: Washington State and the AICPA | 30 |
| Independence, Integrity, and Objectivity: The Core Values of the Accounting Profession | 30 |
| Principles Underlying Washington State Board of Accountancy Rules | 30 |
| Using Principles in Practice | 31 |
| Preamble | 31 |
| Responsibilities Principle | 32 |
| The Public Interest Principle | 32 |
| Integrity Principle | 32 |
| Objectivity and Independence Principle | 32 |
| Due Care Principle | 32 |
| Scope and Nature of Services Principle | 33 |
| Rules of Professional Conduct: Washington State and the AICPA | 33 |
| Conceptual Framework Approach for Members in Public Practice | 33 |
| Ethical Conflicts | 35 |
| Integrity and Objectivity | 36 |
| Rule Comparison: Washington State and AICPA | 36 |
| WAC Rule 4-30-040 Integrity and Objectivity? | 36 |
| AICPA 1.100 Integrity and Objectivity Rule | 36 |
| Independence | 41 |
| What Is Independence? | 41 |
| AICPA Conceptual Framework for Analyzing Threats to Independence | 43 |
| Rule Comparison: Washington State and AICPA | 45 |
| WAC 4-30-042 Independence | 45 |
| AICPA 1.200 Independence Rule | 45 |
| Breach of an Independence Interpretation | 58 |
| Commissions, Referral Fees, Contingent Fees | 61 |
| Rule Comparison: Washington State and AICPA | 61 |
| WAC 4-30-044 Contingent Fees | 61 |
| WAC 4-30-045 Commission and referral fees. | 62 |
| AICPA 1.500 Fees and Other Types of Remuneration | 63 |
| Professional Competence | 65 |
| Rule Comparison: Washington State and AICPA | 65 |
| WAC 4-30-046 General Standards | 65 |
| AICPA 1.300 General Standards Rule | 66 |
| Professional Standards | 68 |
| Rule Comparison: Washington State and AICPA | 68 |
| WAC 4-30-048 Compliance with Standards | 68 |
| WAC 4-30-049 Accounting principles | 69 |
| AICPA Compliance with Standards Rule | 70 |
| AICPA Accounting Principles Rule | 70 |
| Confidential Client Information | 72 |
| Rule Comparison: Washington State and AICPA | 72 |
| WAC 4-30-050 Confidential Client Information | 72 |
| (See also WA Statute 18.04.405 in Appendix II) | 72 |
| AICPA Confidential Client Information Rule | 73 |
| Discreditable Acts | 76 |
| Rule Comparison: Washington State and AICPA | 76 |
| WAC 4-30-052 Acts Discreditable | 76 |
| AICPA Acts Discreditable Rule | 76 |
| Advertising and Solicitation | 81 |
| Rule Comparison: Washington State and AICPA | 81 |
| WAC 4-30-054 Advertising and Other Forms of Solicitation | 81 |
| AICPA Advertising and Other Forms of Solicitation Rule | 81 |
| Individual and Firm Names | 82 |
| Rule Comparison: Washington State and AICPA | 82 |
| WAC 4-30-056 Form of Organization and Name | 82 |
| WAC 4-30-057 Restrictions on CPA-inactive and CPA-retired | 83 |
| WAC 4-30-058 Other Authorized Titles | 86 |
| WAC 4-30-110 What are the allowable legal forms of organization and ownership requirements for a CPA firm? | 86 |
| AICPA Form of Organization and Name Rule | 88 |
| Review Questions | 91 |
