GAO independence guidelines permit CPA firms to determine the estimated useful lives of their clients' assets.

Name: GAO independence guidelines permit CPA firms to determine the estimated useful lives of their clients' assets.
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GAO independence guidelines require auditors to maintain independence in both fact and appearance, and determining the estimated useful lives of a client's assets would involve making management decisions, which could impair independence.

GAO Independence Guidelines Permit CPA Firms to Determine the Estimated