Business Studies, asked by sreenikethvinod1153, 10 months ago

Under aicpa rules, the employment of your spousal equivalent at a clothing retailer that is an audit client would generally impair your independence if he or she was employed as a

Answers

Answered by Anonymous
5

Answer:

Under aicpa rules, the employment of your spousal equivalent at a clothing retailer that is an audit client would generally impair your independence if he or she was employed

Answered by steffiaspinno
0

controller

Explanation

The Certified Public Accountants (CPAs) have a national professional organisation in the United States called the AICPA [American Institute of Certified Public Accountants]

Under the AICPA rules, an auditor should maintain his/her professional conduct [of independence] while providing auditing services to a client.  According to the AICPA rules, an auditor must not have any material or direct or indirect financial interest to the client  

In the given sentence, if someone equivalent to your spouse worked as a controller for your audit client, it would impair your independence.

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