When an intern begins work in an accounting firm, he or she is generally asked to disclose all of their investments to the firm, so that independence violations can be avoided through careful staffing decisions. When interns are still dependents, the firms will also request information about their parents' holdings.

Assume that you are the partner in charge of the orientation of new interns for your firm. Prepare a memo to your firm's new interns about the importance of integrity and objectivity in public accounting, and request the investment information mentioned above. In your memo, you should cite the specific sections of the AICPA Code that make it necessary. Be sure to use the proper code citation format as explained in the code itself.

In this memo as your only reference you should be the AICPA code.