1) Explain the Securities and Exchange Commissions rationale to charge the Cardillo executives violation of violating the insider trading provisions of the federal securities laws.
2) Determine who was in violation or compliance of the AICPAs Code of Professional Conduct in this case study and analyze the key reasons why they were or were not in compliance. Provide support for the rationale.
Analyze the process and regulatory requirements for professional ethical decisionmaking.
Analyze the critical factors of business, audit, and planning risks, and the process of managing these risks in audit engagements.
Analyze an audit framework and assessment process for evaluating the effectiveness of internal controls related to financial reporting.
Use technology and information resources to research issues in auditing.