For Each of the Following Cases Indicate Whether or Not

question 34

Essay

For each of the following cases indicate whether or not the action by the CA, a member in good standing of the ICAO, is a violation of the ICAO "Rules of Professional Conduct".In all cases, cite the rule(s) that apply.
a.On an engagement, CA observed all of the quality control guidelines required by the firm.b.CA refused to disclose information demanded by a court of law about a client because of "client-accountant privilege".
c.CA took out a conventional, new home mortgage with a financial institution that is a client.d.CA quoted a fee that was based on whether the CA's report on the client's financial statements resulted in the approval of a bank loan.
e.CA disclosed a lack of independence in the audit report.f.CA acted as a trustee for a client's profit-sharing trust.
g.CA accepted fees from local lawyers referring clients to them.
h.CA performed the audit in accordance with generally accepted auditing standards.
i.CA advised a client to invest in a tax shelter, in which CA has an undisclosed interest.j.CA bought several spots on the local TV station to promote the firm's tax services.

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Definitions:

Equation

A mathematical statement that asserts the equality of two expressions.

Genetic Equilibrium

A state in which the frequency of alleles in a population remains constant over time, assuming no evolutionary forces are at work.

Allele Frequency

The relative frequency of an allele (variant of a gene) at a particular gene locus in a population, expressed as a fraction or percentage.

Heterozygous Individuals

Organisms having two different alleles for a specific gene, one inherited from each parent.