To emphasize auditor independence from
management, many corporations follow the
practice of
a. Appointing a partner of the CPA firm
conducting the examination to the
corporation's audit committee.
b. Establishing a policy of discouraging
social contact between employees of the
corporation and the staff of the
independent auditor.
c. Requesting that a representative of the
independent auditor be on hand at the
annual stockholders' meeting.
d. Having the independent auditor
report to an audit committee of
outside members of the board of
directors
management, many corporations follow the
practice of
a. Appointing a partner of the CPA firm
conducting the examination to the
corporation's audit committee.
b. Establishing a policy of discouraging
social contact between employees of the
corporation and the staff of the
independent auditor.
c. Requesting that a representative of the
independent auditor be on hand at the
annual stockholders' meeting.
d. Having the independent auditor
report to an audit committee of
outside members of the board of
directors