CPAs play a very important role in our society and in the economy. In 2020 the world is in the midst of a pandemic that has affected business and society. In light of the pandemic what is the role of the CPA in today’s society?
In your answer consider the following: but add other points in your essay:
- Should CPAs continue as before?
- Does the profession have a bigger role in society today than before?
- Are there any value-added services the CPA can provide?
- Do you see the ethics of the profession playing a role on how CPAs operate in the pandemic?
- Should professional ethics of the CPA be revised? Why or why not and how?
- Do you think the pandemic poses a threat to the profession? How can this threat be mitigated?