Question
Scenario - You are negotiating a transaction for your client, Shark Corporation. Parties on the other side of the deal ask you for information about
Scenario - You are negotiating a transaction for your client, Shark Corporation. Parties on the other side of the deal ask you for information about the structural stability of a building, which is a significant part of the transaction. Coleman, Shark's tax director, tells you to say that everything is all right when, in reality, the building has substantial hidden damage. Coleman tells you to say this because it would be more favorable to Shark's position in the transaction. Which AICPA Code(s) of Professional Conduct rules apply in this situation?
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