Scenarios
Indicate if independence is require( 115, tant to perform the following tasks iv:
a. – Render tax advice to a nonaudit diet
b. Issue an audit opinion concerning a government-run airport
c. Issue a review opinion concerning quarterly reports of a privately held company
d. Make recommendations as an internal auditor to your employer
e. Determine proper account classifications prior to recording journal entries that will appear on your employer’s books and affect the content of its year-end audited financial statements.
f. Issue an audit opinion concerning the financial statements of an employer-funded pension plan
g. Provide litigation-related advice to a nonaudit client
Determine proper account classifications prior to recording journal entries that will appear on your employer’s books and affect the content of its year-end audited financial statements.