21 NCAC 08N .0212         COMPETENCE

A CPA shall perform professional services competently and shall:

(1)           undertake only those engagements that the CPA or CPA's firm can expect to complete with professional competence;

(2)           exercise due professional care in the performance of an engagement;

(3)           adequately plan and supervise an engagement; and

(4)           obtain sufficient relevant data to afford a reasonable basis for conclusions or recommendations in relation to an engagement.

History Note:        Authority G.S. 55B‑12; 57D-2-02; 93‑12(9);

Eff. April 1, 1994;

Readopted Eff. February 1, 2016.