What must Iverson, CPA, report regarding her civil judgment?

The requirement for Iverson, CPA, to report her civil judgment is that all civil judgments must be disclosed, regardless of the amount. This is aligned with the ethical standards and regulatory requirements governing CPAs, which prioritize transparency and professionalism.

Reporting civil judgments maintains the integrity of the profession and informs clients, peers, and regulatory bodies of any legal issues that could affect a CPA's ability to perform their duties responsibly. Transparency about such judgments helps to uphold the public’s trust in CPAs and the accounting profession as a whole.

Other options pertain to specific conditions or thresholds that do not align with the broad requirement for transparency in the reporting of civil judgments. The emphasis in ethics standards is on full disclosure to ensure that clients and the public are aware of any potential issues affecting professional conduct.