Question
A CPA is the sole owner of a luxury automobile dealership, Excalibur Cars Ltd., which specializes in the retail sale of luxurious automobiles. She is
A CPA is the sole owner of a luxury automobile dealership, Excalibur Cars Ltd., which specializes in the retail sale of luxurious automobiles. She is also a partner in a CPA firm that, among other things, compiles the financial statements for the dealership and prepares the company's tax returns. Because the automobile business is based on reputation and trust, she has a prominent sign in the auto dealership and on the dealership's business correspondence (that is, letterhead) explaining that she is also a CPA and a partner in a CPA firm
Indicate whether the CPA-Canada Code of Ethical Principles and Rules of Conduct has been violated or not violated. Explain your reasoning.
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