Ariel Gad Acct 393W Professor Davidovits 23 October 2013 Homework Chapter 6 Exercise 6-8:

Memo
To: Audit Staff From: Ariel Gad Subject: Importance of Ethics This memo is to stress the importance of Rule 501 of AICPAs Code of Professional Ethics, and the values of the ethics in auditing.

In order to for our firm to keep its professional reputation, all audit staff must act ethical. Unethical behavior may result in the termination of employment. It is immoral to conduct or be a party to behavior that is unethical. It is important to follow AICPAs Code of Professional Conduct; especially, Rule 501. Acts discreditable to the profession is immoral, and unprofessional.

Contact me if you have any further questions.

Sincerely,

Ariel Gad, CPA