In which of the following instances would
the independence of the CPA not be
considered to be impaired? The CPA has
been retained as the auditor of a
brokerage firm
a. Which owes the CPA audit fees for more
than one year.
b. In which the CPA has a large active
margin account.
c. In which the CPA’s brother is the
controller.
d. Which owes the CPA audit fees for
the current year services and just
filed a petition for bankruptcy
the independence of the CPA not be
considered to be impaired? The CPA has
been retained as the auditor of a
brokerage firm
a. Which owes the CPA audit fees for more
than one year.
b. In which the CPA has a large active
margin account.
c. In which the CPA’s brother is the
controller.
d. Which owes the CPA audit fees for
the current year services and just
filed a petition for bankruptcy