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Jordan Woodard is an audit manager with Andersen & Zelken, CPAs, a one-office CPA firm. Jordan owns 100 shares of common stock in one of

Jordan Woodard is an audit manager with Andersen & Zelken, CPAs, a one-office CPA firm. Jordan owns 100 shares of common stock in one of the firm's audit clients, but she does not provide any audit or nonaudit services to the company.

Determine whether Rule 101 of the AICPA's Code of Professional Conduct has been violated.

Briefly explain why the situation violates or does not violate the code.

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