Adnan Hussein is a CPA working for a national firm. He is at his desk when he
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Question:
Adnan Hussein is a CPA working for a national firm. He is at his desk when he overhears his colleague Joan having a phone conversation. She is telling the person on the other end of the call that Gupta Co., the firm’s largest audit client, is about to release its audited annual financial statements and the results are spectacular. Joan says she just bought some shares as she expects that the share price will go up.
What principles and/or rules of professional conduct apply to this scenario?
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