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Author Question: Oehlers, CPA, is a staff auditor participating in the engagement of Capital Trust, Inc. Which of the ... (Read 54 times)

kmcolvin

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on: Aug 21, 2022

Question 1

Julie and Lisa are sisters. Julie is a CPA auditing the company where Lisa works. Julie's independence is impaired if
◦ Lisa is the controller.
◦ Lisa owns 2% of the company.
◦ Lisa is the marketing manager.
◦ All of these.

Question 2

Oehlers, CPA, is a staff auditor participating in the engagement of Capital Trust, Inc. Which of the following circumstances impairs Oehlers' independence?
◦ Oehlers' sister is an internal auditor employed by Capital Trust.
◦ Oehlers' friend, an employee of another local accounting firm, prepares the tax return of Capital Trust's CEO.
◦ Oehlers' and Capital Trust's 401K plans own stock with the same corporation.
◦ During the period of professional engagement, Capital Trust and Oehlers discussed business over lunch at a first-class restaurant.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by kmcolvin on Aug 21, 2022

labrinker

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kmcolvin

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

rachel

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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