The Problem: In the course of an audit engagement with Expo, Inc., senior auditor Miller overheard Jackson and another audit staff member discussing their personal investment portfolios. While Miller assumed that both staff auditors understood they were prohibited from holding a direct financial interest in their client, Miller was not confident that both were clear with respect to financial interests held by relatives, specifically immediate family members. An internal investigation by Miller revealed that Jackson did in fact sell all of his stock in his client, Expo, to his wife prior to performing any audit procedures for Expo. The amount of the sale was $1. You were asked by Miller to research these independence issues and your preliminary work identified the following relevant sections of the AICPA Code of Professional Conduct. However, you failed to document the appropriate section numbers. Section 1.??? Independence Section 1.??? Covered Member and Direct Financial Interest Section 1.??? Immediate Family Required: At the direction of senior auditor Miller, use the online AICPA Code of Professional Conduct to prepare an interoffice memorandum to all professional staff of Taylor and Co. that explains the relevant ethical issues identified in your research. Do not quote text from the Code of Conduct and do not refer to Expo or any other client in this single-spaced one-page memo. This assignment is worth 50 points with 25 based on writing skills and 25 based on content. Your writing score will be based on clear purpose and focus (5), appropriate tone and word choice (5), organization, sentence and paragraph structure (5), grammar (5) and appropriate format (5). (See the TnTech College of Business written communications grading rubric for more information.) Your content score (25 points) will be determined by your demonstrated understanding of the ethical issues, appropriate sourcing and suggested actions for staff to consider Turniti The Problem: In the course of an audit engagement with Expo, Inc., senior auditor Miller overheard Jackson and another audit staff member discussing their personal investment portfolios. While Miller assumed that both staff auditors understood they were prohibited from holding a direct financial interest in their client, Miller was not confident that both were clear with respect to financial interests held by relatives, specifically immediate family members. An internal investigation by Miller revealed that Jackson did in fact sell all of his stock in his client, Expo, to his wife prior to performing any audit procedures for Expo. The amount of the sale was $1. You were asked by Miller to research these independence issues and your preliminary work identified the following relevant sections of the AICPA Code of Professional Conduct. However, you failed to document the appropriate section numbers. Section 1.??? Independence Section 1.??? Covered Member and Direct Financial Interest Section 1.??? Immediate Family Required: At the direction of senior auditor Miller, use the online AICPA Code of Professional Conduct to prepare an interoffice memorandum to all professional staff of Taylor and Co. that explains the relevant ethical issues identified in your research. Do not quote text from the Code of Conduct and do not refer to Expo or any other client in this single-spaced one-page memo. This assignment is worth 50 points with 25 based on writing skills and 25 based on content. Your writing score will be based on clear purpose and focus (5), appropriate tone and word choice (5), organization, sentence and paragraph structure (5), grammar (5) and appropriate format (5). (See the TnTech College of Business written communications grading rubric for more information.) Your content score (25 points) will be determined by your demonstrated understanding of the ethical issues, appropriate sourcing and suggested actions for staff to consider Turniti