Question: Ian Austin is a certified internal auditor working for the ABC Life Insurance Company. Ian is energetic, ambitious, helpful, and competent. His energies do not

Ian Austin is a certified internal auditor working for the ABC Life Insurance Company. Ian is energetic, ambitious, helpful, and competent. His energies do not seem completeh'
tapped by undeniably excellent work as a staff auditor. It has come to the attention of his superiors that Ian has engaged in the following practices:

a. Designed an accounting system for a general agent ofABC Life.

b. Entered into a partnership engaged in land development.

c. Assisted members of a fraternal organization, of which Ian is a member, in planning life insurance coverage.
Required

Is Ian guilty of any violations of the Statement of Responsibilities or the Code of Ethics? Explain.

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