Question

Discuss the major characteristics of the organization and conduct of CPA firms permit them to fulfill their social function competently and independently.

Answer 1

Answer:-

The major characteristics of the organization and conduct of CPA firms permit them to fulfill their social function competently and independently are :-

1.Organizational shape :-

• A CPA firm exists as a different substance to dodge a business representative association with its customers.
• The CPA firm utilizes an expert staff of adequate size to keep one customer from comprising a critical part of aggregate pay and consequently imperiling the association's autonomy.

2.Conduct :-

• A CPA firm utilizes an expert staff of adequate size to give an expansive scope of skill, proceeding with training, and advancement of an expert autonomous state of mind and fitness.

3.Peer survey :-

• This training assesses the execution of CPA firms trying to keep fitness high.