Ian Austin is a certified internal auditor working for the ABC Life Insurance Company. Ian is energetic,
Question:
Ian Austin is a certified internal auditor working for the ABC Life Insurance Company. Ian is energetic, ambitious, helpful, and competent. His energies do not seem completeh'
tapped by undeniably excellent work as a staff auditor. It has come to the attention of his superiors that Ian has engaged in the following practices:
a. Designed an accounting system for a general agent ofABC Life.
b. Entered into a partnership engaged in land development.
c. Assisted members of a fraternal organization, of which Ian is a member, in planning life insurance coverage.
Required:
Is Ian guilty of any violations of the Statement of Responsibilities or the Code of Ethics? Explain.
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