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The CFO of the audit client that you are a member of the audit engagement team approached you about an opportunity to work with him.
The CFO of the audit client that you are a member of the audit engagement team
approached you about an opportunity to work with him.
What should you do?
A- You shall report promptly to the Ethics and Independence Partner and/or
Lead Audit Engagement Partner about the conversations or intent to enter
into employment negotiations
B- You can discuss about the possible employment and maintain
confidentiality about this negotiation since the position is not a financial
reporting oversight role at the client
C- You shall discuss promptly with the CFO about all details of the position
before any report to the Ethics and Independence Partner and/or Lead
Audit Engagement Partner so not to delay the audit work
D- You can keep it confidential and shall report to the Ethics and
Independence Partner and/or Lead Audit Engagement Partner only on your
last day of work at KPMG
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