The Following Situations Involve a Possible Violation of the AICPA's

question 126

Essay

The following situations involve a possible violation of the AICPA's Code of Professional Conduct. For each situation, (1) determine the applicable rule from the Code, (2) decide whether or not the Code has been violated, and (3) briefly explain how the situation violates (or does not violate) the Code.
a. Howard Cunningham & Co., CPAs, designates its firm as "Members of the American Institute of Certified Public Accountants." All of the partners of the firm are CPAs. However, one of the partners has recently chosen to allow her membership to lapse because of personal reasons.
Rule: ________ Violation?
Yes No

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Definitions:

Comminuted

Describing a fracture in which a bone is broken into several pieces.

Depressed

A state of low mood and aversion to activity that can affect a person's thoughts, behavior, feelings, and sense of well-being.

Proximal Tip

The part of a structure that is nearest to the center of the body or to the point of attachment.

Elbow

The joint connecting the forearm to the upper arm, allowing for arm bending and extension.