Question
Simone is a CPA and financial auditor of her client, Far West Bank and Loan. Additionally, Simone provides tax, bookkeeping and consulting services for Far
Simone is a CPA and financial auditor of her client, Far West Bank and Loan. Additionally, Simone provides tax, bookkeeping and consulting services for Far West. Some of her services include:
A. She screens accounting candidates based upon Far West criteria.
B. She enters journal entries into the system that are approved by management.
C. She helps advise on negotiations of mergers and acquisitions.
D. She has proposed an internal control system for Far West.
E. Far West keeps an open office for her on their premises, so she can keep her files there.
F. Simone also consults on contract negotiations and decisions for the company.
Do any (or all) of the above services cause Simone to lose her independence?
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