Madeline is a CPA and the CFO of ABC Company. Madelines sister is Katherine. Katherine is a CPA who just joined the office of Billem and Howe, CPAs as a Senior Accountant. Katherine has been assigned to the Los Angeles office. ABC Companys headquarters is in Austin, Texas, which is where Madeline has her office. ABC has asked Billem and Howe to bid on the attest engagement. All of the audit work will be performed from Billem and Howes Austin office with no support or coordination from the Los Angeles office.

Question:

Does it matter if Katherine owns stock in ABC?