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Ben Big is a partner in the Cleveland office of the national accounting firm of Price Brickhouse. He owns 1,000 shares of common stock in
Ben Big is a partner in the Cleveland office of the national accounting firm of Price Brickhouse. He owns 1,000 shares of common stock in Public, Inc., an audit client of the firm. This amount is not material to his personal investments. The Public, Inc. audit is done out of the New York office. Ben Big has not informed the firm that he owns the shares because he is not on the audit, which the Cleveland office doesn't perform. If I were to evaluate the situation as an auditor would I be breaking any PCAOB rules why or why not?
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