Professional Fees, Advertising, and Solicitation Rules

CPA Professional Standards and Ethics · 4:24

Listen on 93

Lyrics

[Verse 1]
When setting fees for clients, keep it fair and clear
No surprises in the billing, transparency is here
Document your arrangements before the work begins
Reasonable compensation where professionalism wins
Contingent fees are tricky, audit work's a no
Independence must be guarded, that's the rule to know

[Chorus]
FAIR fees, CLEAR terms, DIGNIFIED way
HONEST ads, NO claims that mislead and betray
RESPECT the rules, COMPETE with grace
Professional standards in the marketplace
Remember FAIR, CLEAR, DIGNIFIED, TRUE
That's how CPAs should represent you

[Verse 2]
Advertising's permitted but keep it factual and clean
No false or misleading statements, nothing too extreme
Testimonials need disclaimers, results aren't guaranteed
Professional competence shown through education and deed
Comparative claims require proof that you can back
Solicitation's allowed but give respect, not attack

[Chorus]
FAIR fees, CLEAR terms, DIGNIFIED way
HONEST ads, NO claims that mislead and betray
RESPECT the rules, COMPETE with grace
Professional standards in the marketplace
Remember FAIR, CLEAR, DIGNIFIED, TRUE
That's how CPAs should represent you

[Bridge]
Direct solicitation needs a gentle touch
Respect their current advisor, don't pressure too much
If they're happy where they are, step back and wait
Professional courtesy will elevate your fate
When marketing your services, let quality speak
Integrity over profits is what we should seek

[Verse 3]
Commission arrangements have restrictions that bind
Independence requirements always keep in mind
Referral fees disclosed, transparency's the key
Client's informed consent protects both you and me
In competitive markets, maintain your professional face
Dignity and ethics help you win the race

[Chorus]
FAIR fees, CLEAR terms, DIGNIFIED way
HONEST ads, NO claims that mislead and betray
RESPECT the rules, COMPETE with grace
Professional standards in the marketplace
Remember FAIR, CLEAR, DIGNIFIED, TRUE
That's how CPAs should represent you

[Outro]
Professional fees with honor and pride
Advertising truthfully with nothing to hide
Solicitation respectfully, competition with class
These are the standards that help our profession last

← Confidentiality Obligations and Exceptions | Professional Skepticism and Judgment →