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Joe Blue, an audit partner, is an ardent dog lover. He is a volunteer and one of the most regular commentators on Canine's First, a
Joe Blue, an audit partner, is an ardent dog lover. He is a volunteer and one of the most regular commentators on Canine's First, a non-profit that operates one of the top three blogs globally for all matters related to dogs. Canine's First is a CSR venture of Chow Down Corp., a dog food manufacturer. The CFO of Chow Down has been impressed by Joe's volunteerism and has asked if Joe is willing to accept Chow Down Corp. as an audit client. What threat to independence, if any, might Joe be faced with? O a. advocacy O b. self-review Oc intimidation O d. self interest Which one of the following forms of advertisement would violate solicitation rules? Public Accountant O a. placed a media advertisement listing the different types of expertise available at the firm's major office locations. O b. conducted a cold-calling campaign where companies were asked if they would like to change PA firms. Oc. conducted a survey asking companies about the types of services that are provided by their accounting firms. O d. placed an advertisement in a newspaper indicating the opening of a new office. The Rules of Professional Conduct require that auditors not resign from audit engagements that are underway without good and sufficient reason. Which of the following reasons is insufficient for resigning from an engagement? O a. The auditor discovers that the time and scope of work required exceeds the auditor's planning estimates. O b. The auditor loses trust in the client. Oc The client pressures the auditor to perform illegal acts. O d. The auditor discovers facts that establish that the auditor's independence can be reasonably questioned
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