Code of Ethics Paper:
Perform an Internet search for your state's accounting code of ethics. Prepare an evaluation of the code. Answer the following questions in your evaluation:
1) Does your state(Illinois) provide for accountant client privilege?
2) What is your state's position on accounting work product?
3) What are at least three code violations that may result in criminal and/or civil accountant liabilities?
4) How has the Sarbanes-Oxley Act impacted the professional and ethical standards of accountants? Explain.