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Burns, a member, is a CPA and a partner in the firm of Bien & Newell, CPAs. The firm performs an audit for Scanners, Inc.,
Burns, a member, is a CPA and a partner in the firm of Bien \& Newell, CPAs. The firm performs an audit for Scanners, Inc., a publicly traded electronics company. Burns has several mutual fund investments and is in a position to influence the audit of Scanners. Which of the following investments would impair the firm's independence in its audit of Scanners? standing shares of Mutual Fund A. Both of the investments would definitely impair the firm's independence. Neither of the investments would definitely impair the firm's independence
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