State whether there is any violation of the AICPA Code of Professional Conduct, and the nature of the violation. Where there is a violation, evaluate the potential legal liability the accountant may face. Justify your position.
Tarbet, Esq., CPA has a law practice and recommended one of her clients to Wagner, CPA. Wagner agreed to pay Tarbet 15% of the fee for services rendered by Wagner to Tarbet's client. Some services will be doing a Review of the company books, and some will be solely consulting.
Cindy Williams, CPA, is the partner on the audit of a nonprofit charitable organization, and is also an honorary Board of Directors member. She is not involved in any management functions, but likes to hang out with the management and other Board members during happy hour.
Rawling Martin, CPA took his client out fishing on the weekend before the audit was to begin. The client told Rawling that the accounts receivable records were as clean as a whistle, and that Rawling didn't have to waste valuable
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
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