Independence Part $2-$ General Independence Matters

Table of contents

TOS$0003241$ New Hire

Independence Part $2$

$041222$

$(1)$ TDS$0003241$ New Hir

Final Exam

Which of the following statements is true?

The AICPA and SEC independence rules both prohibit implementation of a third$-$party ERP system.

The SEC independence rules permit valuation services if the results of the service are immaterial to the financial statements.

The AIC PA and SEC independence rules both permit preparation of tax returns for the client entity.

The SEC independence rules permit the firm to assist client attorneys with litigation$-$related matters, as long as we do not provide expert witness services.