Explain the nature of the relationship between szekelyi and, Ask an Expert

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1. Explain the nature of the relationship between Szekelyi and Reznor. Did a privity relationship exist between these two? Why or why not?

2. What were Szekelyi's ethical obligations to Reznor provided the nature of the services provided? Which of the ethics standards in the AICPA Code could have been of particular concern to Szekelyi in performing professional services for Renzor?

3. During course of working as the manager for Nine Inch Nails, John Malm mismanaged the band's finances and was found culpable of those charges. Malm, who is a CPA, was not hired to perform some accounting services for Reznor or the band. Does that signify his actions are not enforceable under AICPA Code of Professional Conduct? What about fact that Malm is a licensed CPA. Would a state board of accountancy have any recourse with reverence to Malm's transgressions?

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