Mark Buffalo works for a mid-size accounting firm in Boston. One day he overhears a colleague talking to a friend on his cellphone. Mark gasps when he realizes the colleague is sharing one of their client's confidential information, likely as an insider trading tip. As a member of the AICPA, Mark is required to report this discreditable act to the Boston chapter of the AICPA.
Mark Buffalo works for a mid-size accounting firm in Boston. One day he overhears a colleague talking to a friend on his cellphone. Mark gasps when he realizes the colleague is sharing one of their client's confidential information, likely as an insider trading tip. As a member of the AICPA, Mark is required to report this discreditable act to the Boston chapter of the AICPA.
Select one:
True
False
As a member of the (AICPA), Mark Buffalo is bound by the AICPA's Code of Professional Conduct, which requires him to maintain the confidentiality of his clients' information.
The Code requires members to report any suspected violations of the Code, including discreditable acts by other members, to the appropriate authority.
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