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1. Explain the Code of Conduct that members of the AICPA are expected to abide by. Discuss under what conditions the AICPA can sanction members

1. Explain the Code of Conduct that members of the AICPA are expected to abide by. Discuss under what conditions the AICPA can sanction members for violating the Code and the sanction powers of the AICPA.

2. Explain the purposes for the Auditing Standards Board (ASB) and the PCAOB. Summarize and explain the PCAOB standards: AS1001, AS 1005, AS1010, and AS1015.

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