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Question: Read the following two cases. state whether the action or situation shows a violation, or potential violation, of the AICPA Code of Professional Conduct. Explain why and cite the relevant rule or interpretation
• Ashley Fiddle, CPA, prepared an uncontested claim for a tax refund on Faddle Corporation's amended tax return. The fee for the service was 30 percent of the amount the IRS rules to be a proper refund. The claim was for $300,000.
• After Faddle had won a $200,000 refund and Fiddle collected $60,000 fee, Jordan Faddle the president, invited Fiddle to be the auditor for Faddle Corporation
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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