The following two questions directly relate to ethics standards in the AICPA Code of Professional Conduct:

a. Is it ever improper for a CPA/CPA firm to accept a commission from a client for recommending an investment product to the client? What about accepting a contingent fee in a tax engagement?

b. Read the following advertisement that appeared in the community newspaper where you live.

Do you think the advertisement violates any of the ethics rules? Explain the reasons for your answer.

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IRS TAX TERMINATOR, A Professional Services Corporation We have 10 CPAs on staff and provide a full range of tax services. We guarantee a tax refund or you pay nothing for our services. Call us at 999-777-7711. Your call will be routed to one of our tax experts, who will take down all the relevant information and inform you of our fee structure that includes a fixed amount regardless of the service provided and a variable amount that is based on the type of service provided.