Are the Technical Standards from the Management Consulting Services Executive Committee enforceable under the Code of Professional Conduct?

The Technical Standards from the Management Consulting Services Executive Committee are indeed enforceable under the Code of Professional Conduct, which is a critical component of professional ethics for CPAs. The Code sets forth a framework that establishes the expectations for integrity, objectivity, professional competence, and due care. It is essential that all CPAs adhere to these standards to maintain public trust and uphold the reputation of the profession.

The enforceability of these standards means that they are not merely guidelines; rather, they impose specific obligations on CPAs when providing management consulting services. This include adherence to the established technical standards that outline best practices and ethical considerations relevant to consulting engagements.

While some professions may have optional or advisory standards, the Code of Professional Conduct and its associated technical standards establish a mandatory framework for CPAs. This ensures a consistent level of quality and ethical practice across the profession, regardless of client type or engagement circumstances.