State the relevant aicpa rule or interpretatios

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Problem 1: A CPA firm has incorporated and started providing public accounting services. The only shareholders in the corporation are existing employees of the organization, including partners, staff who are CPAs, staff who are not CPAs and administrative personnel. State The relevant AICPA rule or interpretation that applies to this scenario (Rule number and title); Whether there is a violation of the Code (yes or no); and Your rationale in deciding whether there is a violation.

Reference no: EM132806607

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