If an auditor had a substantial stock
investment in a client that s(he) was
auditing, which of the following would be
true?
a. The auditor would lack
independence.
b. The auditor would be violating the PASB
standards.
c. The auditor would be violating the
Institute of Management Accounting
standards
d. The auditor would be violating the IIA
standards
investment in a client that s(he) was
auditing, which of the following would be
true?
a. The auditor would lack
independence.
b. The auditor would be violating the PASB
standards.
c. The auditor would be violating the
Institute of Management Accounting
standards
d. The auditor would be violating the IIA
standards