For each case, state whether or not the action or situation violates the rules of professional

conduct (ethics, independence, or other), explain why (type of general prohibition, independence

threat or rule breach.

CASE 1: What about if then Fritzs father managed to sell the shares on August 15, 20X7, to his

brother, who lives in Brazil? The brother moved there 20 years ago and has not returned.

CASE2: Clyde Brenner is a manager in the Waterloo office of a large national public accounting firm.

His wife, Bonnie, is assistant controller in ATC Corporation, a client of the firm whose audit is

performed by the Toronto office. Bonnie and Clyde live in Guelph and commute to their

respective workplaces