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When a member provides bookkeeping, payroll, and other disbursement services to an attest client, self- review and management participation threats to the covered member's compliance
When a member provides bookkeeping, payroll, and other disbursement services to an attest client, self- review and management participation threats to the covered member's compliance with the Independence Rule may exist. Which of the following procedures would maintain threats at an acceptable level and not impair independence?
- a) record transactions to an attest client's general ledger when the member has determined or approved the account classifications for the transaction.
- b) post member-coded transactions to an attest client's general ledger.
- c) prepare financial statements based on information in the attest client's trial balance.
- d) post member-approved journal or other entries to an attest client's trial balance.
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