In order for a gift from a client to impair independence, it would have to be material in relation to the assets of the client.

Question

Quizplus · Accepted Answer

Independence can be impaired by a gift from a client regardless of its materiality in relation to the client's assets; what matters is the significance of the gift to the recipient and the circumstances under which it is given, which could influence the recipient's objectivity or independence.

In Order for a Gift from a Client to Impair