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Assume that the cpa firm of giants and jets Llp audits knickerbocker systems inc (the knicks) . The controller for the next happens to be

Assume that the cpa firm of giants and jets Llp audits knickerbocker systems inc (the knicks) . The controller for the next happens to be a tax expert. During the current tax season, giants and jets LLP is LLP gets far behind in processing tax returns for wealthy clients. It does not want to approach clients asking permission to file for an extension to the April 15th deadline. One of is. 1 alternative is for the firm to hire the Knicks controller as a consultant just for the taxe season. Discuss the ethical issues that should be considered by giants and jets before deciding whether to hire the controller of a client, including possible threats to independence

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