Drew Sneeze is not yet a CPA, but has passed two sections of the exam. He is a second year staff auditor at Deloitte and is working on the audit of public client Home Depot. This week during the audit, Drew told the controller that he was excited about a "dream deal" he'd found on an old house with a ton of character on a good sized lot on the outskirts of town a few months back, and they swapped "war stories" on how rewarding and challenging remodeling old homes can be. The controller really likes Drew, so he delivered a load of much needed remodeling materials to the house for $500, which was an 80% discount from Home Depot's standard pricing for normal customers. Drew was extremely excited and quickly paid the bill since he would not have otherwise been able to afford the materials.

Required:

Analyze the scenario above and explain in memo form whether the scenario above is a violation of the AICPA Code of Professional Conduct, and your justification for your position. You are required to quote and cite a specific paragraph/section of the AICPA Code of Conduct as the authoritative source in your response. Your memo must be drafted using the corporate memo format as contained in the General information module of the course. Please submit in Canvas before the due date/time indicated.