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Jun Debra is not yet a CPA but is doing quite well in her first...

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Accounting

Jun Debra is not yet a CPA but is doing quite well in her first employment with a large public accounting firm. She has been on the job two years and has become an "experienced assistant." If she passes the CPA exam this year, she will be promoted to senior accountant. This month, during the audit of Getsby Manufacturing Company, Jun told told the controller that se is remodeling an old house. The controller likes Jun and had a load of needed materials delivered to the house, billing Jun at a 70% discount - a savings over the normal cash discount of about $300. Jun paid the bill and was happy to have the materials that she otherwise could not afford on her meager salary.

 

Please state whether the situation above shows  a violation of the AICPA Code of Professional Conduct; if so, explain why and cite the relevant rule or interpretation.

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