Which of the following is needed for CPA firms to perform audits with integrity?
A) Independence from the firms they are auditing
B) Partnerships with the firms they are auditing
C) Mergers between CPA firms and their clients
D) Accounting synergy with client firms

Question

Quizplus · Accepted Answer

Independence from the firms being audited is a crucial requirement for CPA firms to perform audits with integrity. This independence ensures objectivity, minimizes bias, and ensures that the audit is conducted without undue influence or pressure from the client. Partnerships, mergers, or accounting synergy with client firms can all create conflicts of interest and compromise the integrity of the audit process.

Which of the Following Is Needed for CPA Firms to Perform