Each of the following situations involves a possible violation of the AICPA Code of Professional Conduct. For each situation, state the applicable rule of con- duct and whether it is a violation.

Contel, CPA, advertises in the local paper that his firm does the audit of 14 of the 36 largest community banks in the state. The advertisement also states that the average audit fee, as a percentage of total assets for the banks he audits, is lower than any other CPA firms in the state.	Answer 1Choose...Not Violate - Compliance with standardsNot Violate - IndeoendencyViolate - Compliance with standardsViolate - IndependenceViolate - Accounting principlesViolate- Advertising and other forms of solicitationViolate - Confidential client informationNot Violate- Advertising and other forms of solicitation
Morris and Williams, a regional CPA firm, is providing information systems consulting to one of their publicly traded audit clients. They are assisting in the implementation of a new financial reporting system selected by management	Answer 2Choose...Not Violate - Compliance with standardsNot Violate - IndeoendencyViolate - Compliance with standardsViolate - IndependenceViolate - Accounting principlesViolate- Advertising and other forms of solicitationViolate - Confidential client informationNot Violate- Advertising and other forms of solicitation
Connor Bradley is the partner in charge of the audit of Southern Pinnacle Bank. Bradley is in the process of purchasing a beach condo and has obtained mortgage financing from Southern Pinnacle.	Answer 3Choose...Not Violate - Compliance with standardsNot Violate - IndeoendencyViolate - Compliance with standardsViolate - IndependenceViolate - Accounting principlesViolate- Advertising and other forms of solicitationViolate - Confidential client informationNot Violate- Advertising and other forms of solicitation
Joe Stokely is a former partner in Bass and Sims, CPAs. Recently, he left the firm to become the chief operating officer of Lacy Foods, Inc., which is an audit client of Bass and Sims. In his new role, Stokely has no responsibilities for financial reporting. Bass and Sims made significant changes to the audit plan for the upcoming audit.

Each of the following situations involves a possible violation of the AICPA Code of Professional Conduct. For each situation, state the applicable rule of con- duct and whether it is a violation. Contel, CPA, advertises in the local paper that his firm does the audit of 14 of the 36 largest community banks in the state. The advertisement also states that the average audit fee, as a percentage of total assets for the banks he audits, is lower than any other CPA firm's in the state. Choose... - Morris and Williams, a regional CPA firm, is providing information systems consulting to one of their publicly traded audit clients. They are assisting in the implementation of a new financial reporting system selected by management Choose... Connor Bradley is the partner in charge of the audit of Southern Pinnacle Bank. Bradley is in the process of purchasing a beach condo and has obtained mortgage financing from Southern Pinnacle. Choose... - Joe Stokely is a former partner in Bass and Sims, CPAs. Recently, he left the firm to become the chief operating officer of Lacy Foods, Inc., which is an audit client of Bass and Sims. In his new role, Stokely has no responsibilities for financial reporting. Bass and Sims made significant changes to the audit plan for the upcoming audit. Choose