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QL For each of the following independent cases, does the issue reported include a violation of the professional conduct of auditing or a weakening of
QL For each of the following independent cases, does the issue reported include a violation of the professional conduct of auditing or a weakening of auditor independence, and why? Case description Violation/weakening Justification ????? Fir (Yes or No) Tir The client of AAA audit firm is involved in a lawsuit against it by a competitor. AAA disclosed some information about its client in the court 2 Waleed is the managing partner (i.e. the highest ranked partner) at an audit firm. The audit firm audits a client of which Waleed's wife owns 25% of its shares. Waleed is not the partner who will sign the audit report on behalf of the audit firm. 3 Tareq is an audit partner and also an expert on IT. In addition to his CPA, he has a professional certificate in IT. On his business card as an audit partner, he mentions both of his professional certificates, and says that he is an IT expert. A "yes" answer means that the issue weakens auditor independence or is another type of violation of auditor professional conduct. A "no" answer means that the issue strengthens auditor independence or is not another type of violation of auditor professional conduct. QL For each of the following independent cases, does the issue reported include a violation of the professional conduct of auditing or a weakening of auditor independence, and why? Case description Violation/weakening Justification ????? Fir (Yes or No) Tir The client of AAA audit firm is involved in a lawsuit against it by a competitor. AAA disclosed some information about its client in the court 2 Waleed is the managing partner (i.e. the highest ranked partner) at an audit firm. The audit firm audits a client of which Waleed's wife owns 25% of its shares. Waleed is not the partner who will sign the audit report on behalf of the audit firm. 3 Tareq is an audit partner and also an expert on IT. In addition to his CPA, he has a professional certificate in IT. On his business card as an audit partner, he mentions both of his professional certificates, and says that he is an IT expert. A "yes" answer means that the issue weakens auditor independence or is another type of violation of auditor professional conduct. A "no" answer means that the issue strengthens auditor independence or is not another type of violation of auditor professional conduct
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