Instructions Discussion Item Does a privilege exist between an accountant and a client? In other words, can an accountant can be called as a witness in cases that involve federal securities laws, federal mail or wire fraud, or other federal crimes by a client? Does a privilege exist in federal law? Does a privilege exist in state law? What has the US Supreme Court held about accountant-client privilege? You may wish to consider the following Couch v. US, 409 U.S. 322,93 S.Ct. 611,34 L Ed.2d 548 (1973). Cavallaro v. U.S. 284 F.3d 236, 52 Fed. R. Serv. 3d 761 (1st Cir. 2002). U.S.v. Antolini, 271 Fed. Appx, 268 (3d Cir. 2008).In re 53 Ltd., 242 B.R. 872 (Bankr. E.D. Va 1999). General Discussion Instructions Compose a 150 word response to the discussion prompt. Your response must be supported by details and examples. Your original response must be completed no later than the second day of this module. Read other students' posts and respond to at least two other students no later than the fourth day of this module