You have just joined KPMG and have been assigned to work on the audit engagement team on a company that you were employed by, for several years, in the financial department.

What do you need to do to comply with independence policies?

Since you were not an employee in a position to exert significant influence over the preparation of the client's accounting records or the financial statements on which KPMG will express an opinion, you do not need to take any action?

You do not need to be concerned about any potential independence impact because during the KPMG admission process you informed HR about your former employer and the activities that you did there?

Before starting any work, you have to notify the Lead Audit Engagement Partner and/or the Ethics and Independence team about your previous employment on that audit client?

After you start the work, you can discuss with somebody in the Audit Engagement team and also with your former supervisor more easily if you have something to do?