In determining auditor independence,the SEC considers which of the following as an independence impairment?
A)An auditor performs the accounting work and then audits it.
B)An auditor has no conflicting interest with the client.
C)An auditor does not act as an advocate for the audit client.
D)An auditor does not act as an employee of the audit client.

Question

Quizplus · Accepted Answer

Performing accounting work for a client and then auditing that work is considered an independence impairment because the auditor essentially becomes the client's advocate, which goes against the principle of objectivity and impartiality necessary for an independent audit. Choices B, C, and D are all examples of factors that support auditor independence.

In Determining Auditor Independence,the SEC Considers Which of the Following