On May 20, 2014, the SEC settled an investigation of James T. Adams, the former chief risk
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On May 20, 2014, the SEC settled an investigation of James T. Adams, the former chief risk officer at Deloitte, for causing violations of the auditor independence rules. It seems that Adams accepted tens of thousands of casino markers while he was the advisory partner on a Deloitte casino gaming client. Review the facts of the case and explain how Adams's actions compromised his independence under the AICPA Code?
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On May 20 2014 Adams agreed to settle civil charges alleging he violated rules governing auditor independence He agreed to be suspended for two years ...View the full answer
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Related Book For 
Ethical Obligations and Decision Making in Accounting Text and Cases
ISBN: 978-1259730191
4th edition
Authors: Steven Mintz, Roselyn Morris
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