25-20 (OBJECTIVES 25-5, 25-7) Each of the following situations involves a possible violation of the AICPA Code of Professional Conduct. For each situation, state the applicable rule of conduct and whether it is a violation. a. Sean Xi Lin, CPA, provides tax compliance services, secretarial services, and book- keeping services and conducts audits for a private company. b. Debbie Lakmaya, CPA, sells life insurance to the accounting staff of her client, c. A university professor publishes case studies on auditing, which are based on his experiences as an auditor at a CPA firm. His former clients are unaware of this. d. Magdelene Gomez used to work as an analyst at a CPA firm. Ten years ago she was one of the accountants involved in the preparation of Double U's prospectus. She left the firm a year later and has not communicated with her former colleagues since. Her husband died recently and left her ten million dollars. She used some of this money to purchase in Double U stock. e. Aaron Baik, CPA, is asked to reclassify private expenses of the managing director of his client as business expenses. Aaron initially objects but does the classification as the managing director threatens to remove him from future tax advisory roles in his company. f. Helen Hong, CPA, works as the finance director in charge of the African operations of an American charity. The financial statements of a few subsidiaries are badly prepared and do not follow International Financial Reporting Standards. Due to lack of time, Helen goes ahead with the consolidation of the financial statements. m Fach of the following situations involves possible violations of blue inlntion of the