Need help with accounting ethics; no wrong answers

1. What is the significance of the AICPA Code of Professional Conduct? Explain the importance of each of the six principles in the Code.

2. To whom, and in what circumstances, does the Code of Professional Conduct apply?

6. What individuals are considered immediate family members, and what activities could impair a CPAs independence for them? How about close relatives and other professional employees?

7. Do you believe that a CPA should be able to advertise? What guidelines would you recommend? Are there any areas you believe should be avoided?

14. If you were an auditor, would you buy a new car at a dealership you audited for 15% off the list price?