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Client B has been recommended to Grove Clark by Client H. Clients B and H are both in the manufacturing industry and have worked together
Client B has been recommended to Grove Clark by Client H. Clients B and H are both in the manufacturing industry and have worked together on several large contracts. If Grove Clark accept Client B, Company H expect a discount on its next audit as commission for making the recommendation.
Required:
For each potential client highlight any independence or ethics risks the partners should consider and why. In addition, suggest safeguards that could be considered to mitigate the relevant risks.
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