Question
Jose Dizon, CPA was engaged to audit financial statements of Victory Corporation. Dizon had half-completed the audit when he has a dispute with management of
Jose Dizon, CPA was engaged to audit financial statements of Victory Corporation. Dizon had half-completed the audit when he has a dispute with management of Victory Corporation and was discharged. Helen Sison, CPA was promptly engaged to replace Dizon. Victory Corporation did not compensate Dizon for his work to date; therefore, Dizon refused to allow Victory Corporation's management to examine his working papers. Certain of the working papers consisted of adjusting journal entries and supporting analysis. Victory Corporation's management had no other source of this information. Did Jose Dizon violate the Revised Code of Ethics for Professional Accountants. Explain and justify fully your answer.
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