Walter Walker owns and operates Walker Enterprises. Walters sister, Sarah, is the independent public accountant for Walker

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Walter Walker owns and operates Walker Enterprises. Walter’s sister, Sarah, is the independent public accountant for Walker Enterprises. Sarah worked for the Walker Enterprises for five years before she started her independent CPA practice. Walter considered hiring a different accounting firm but ultimately decided that no one knew his business as well as his sister.

Required
Use the AICPA Code of Professional Conduct to evaluate the appropriateness of Sarah’s client relationship with Walker Enterprises.

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Survey of Accounting

ISBN: 978-0078110856

3rd Edition

Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi

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