Determine who study was in violation or compliance of the AICPA’s Code of Professional Conduct in this case and analyze the key reasons why they were or were not in compliance.

In this case, the study was in violation of the AICPA’s Code of Professional Conduct. The code states that all members must be “fair and honest in all professional relationships” which includes any research they conduct. Researchers failed to inform participants about their financial interests by failing to disclose conflicts of interest. They were perceived as being biased, which led to a loss of trust among participants and eventually compromised the final results.

Furthermore, the research team failed to inform participants about possible risks or obtain consent. These actions are in direct violation of the AICPA’s Code as well as federal regulations for conducting research involving human subjects. This could lead to serious consequences for the parties concerned so you must ensure that all procedures are adhered to.