Your friend is a CPA in public practice who is going through a rough patch....
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Accounting
Your friend is a CPA in public practice who is going through a rough patch. Three things happened in the last year that he needs your advice on:
1. He had a DU1 (drunk driving) conviction.
2. He is in the midst of an extramarital affair.
3. He stole $5,000 from his employer with the use of a "phantom employee" and does not expect to get caught.
Do you believe any of these are discreditable acts as defined by the AICPA? Why or why not?
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