Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Which of the following is not a violation of the independence rule of the AICPA\

ID: 2408630 • Letter: W

Question

Which of the following is not a violation of the independence rule of the AICPA's Code of Professional Conduct but is a violation of the independence rule of the SEC? a. A CPA is approached by a not-for-profit organization to become one of the organization's honorary directors two years preceding the CPA's audit of that organization. b. A CPA's non-dependent step-child has a material direct investment in the CPA's audit client. c. A CPA provides both auditing and accounting services to a privately held company d. A CPA provides both auditing and management advisory services to a public company that are fully disclosed to and pre-approved by the company's audit committee.

Explanation / Answer

D)A CPAprovide both auditing and management advisory services to apublic companay that are fully disclosed to and pre approved by companys audit commitee