https://assets.pcaobus.org/pcaob-dev/docs/default-source/enforcement/decisions/documents/ XXXXXXXXXXram-associates.pdf?sfvrsn=7c9d1aa5_2 That is the link for the case In your own words, summarize...

https://assets.pcaobus.org/pcaob-dev/docs/default-source/enforcement/decisions/documents/105-2023-021-ram-associates.pdf?sfvrsn=7c9d1aa5_2 That is the link for the case

1. 
   
   
   In your own words, summarize the key facts and main issues of your assigned case and explain why these issues are considered unethical and/or unprofessional.
   
   
   




2. 
   
   
   Using the “Rules for Members in Public Practice” presented in Chapter 2 of your textbook, describe which specific ethical rules were violated and how. Why do you think it is critically important for certified public accountants (CPAs) to abide by these rules? Rules for members in public practice are Integrity and objectivity, Independence, general standards, and other rules for members in public practice.
   
   
   




3. 
   
   
   Now think about the three elements of fraud (discussed in Chapter 3); while the auditor's wrongdoing is not likely fraud, unethical decisions involve the same elements. Name the three categories of fraud risk factors (a.k.a. the fraud triangle), describe each category in your own words, and explain how each one applies to your assigned wrongdoing (all may not be specifically stated in the case, use some judgment, and infer if this is the case).
   
   
   The three elements ( fraud
   
   
   risk factors and conditions that indicate an incentive or pressure to commit fraud, provide an opportunity to commit fraud, or indicate rationalizations to justify fraudulent actions)
   
   
   




4. 
   
   
   What sanctions were imposed by the SEC or the PCAOB? Do you feel as though the “punishment fits the crime”? Why or why not?
   
   
   

the assignment should be typed, no longer than 2 pages single-spaced, 12-point font size, Times New Roman font style. Your responses should be numbered consistent with the question numbering above.