Raula Kata discovered a material reporting error in the accounting records of Sampoon, Inc (SI) during the annual audit.The error was so significant that it will certainly have an adverse effect on the client's stock, which is actively traded on the western stock exchange.After talking with his close friend and president of SI, Kato agreed to withhold the information until the president had time to sell his SI stock.Kato leaked the information to his parents so they could sell their stock as well.The reporting matter was a relatively complex issue that involved reporting standards.Kato told himself that if he were caught he would simply plead ignorance.He would still have time to keep up with the rapidly changing standards and so would be off the hook.

1)What specific AICPA Code of Professional Conductwere violated by Kato?

2)Would pleading ignorance relieve Kato from his audit responsibilities?