An audit firm cannot conduct an audit of a company by which one of its former partners is the CFO.

Name: An audit firm cannot conduct an audit of a company by which one of its former partners is the CFO.
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Question

An audit firm cannot conduct an audit of a company by which one of its former partners is the CFO.​

Quizplus · Accepted Answer

According to the rules of professional ethics for auditors, an audit firm cannot conduct an audit of a company by which one of its former partners is the CFO, as it could compromise the auditor's independence and objectivity.

An Audit Firm Cannot Conduct an Audit of a Company