Which of the following will impair the
independence of a CPA in public practice?
a. He has his name and address listed on a
one-page section of the telephone book.
b. He obtained a loan from a bank under
the normal lending procedures, terms
and requirements of that bank.
c. He holds one share of the client's
capital stock.
d. He failed to disclose a client's departure
from GAAP.
independence of a CPA in public practice?
a. He has his name and address listed on a
one-page section of the telephone book.
b. He obtained a loan from a bank under
the normal lending procedures, terms
and requirements of that bank.
c. He holds one share of the client's
capital stock.
d. He failed to disclose a client's departure
from GAAP.