Refer to the Professional Judgment in Context feature "Deficiencies in Auditing Debt Obligations and Stockholders' Equity Accounts: Insights from SEC Releases" and review the panel related to Federico Quinto, Jr., CPA. Obtain a copy of the SEC Auditing and Enforcement Release related to this case (AAER 3403, August 31, 2012). How does the AAER describe Quinto's failure to act with due professional care and failure to maintain an attitude of appropriate professional skepticism? What sanctions were imposed on Quinto; do these sanctions seem appropriate?