Question
Bill Jones is a partner with Adelson & Co., a one office CPA firm located in Tucson, Arizona. He is the engagement partner on the
Bill Jones is a partner with Adelson & Co., a one office CPA firm located in Tucson, Arizona. He is the engagement partner on the audit team of NRG, LTD, a public company and he has just discovered that his wife Sophia owns 100 shares of NRG, shares worth $10 each.
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What effect, if any, does Sophias investment have on the independence of Bill and Adelson & Co.?
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Government Auditing Standards
Authors: U.S. Government Accountability Office
1st Edition
B0C9S8NVST, 979-8851147746
