Which of the following is least likely to impair a CPA firm's independence with respect to a nonpublic audit client in the Chicago office of a national CPA firm?

Question

Quizplus · Accepted Answer

A partner in the Chicago office who does not work on the audit and previously served as controller for the audit client is least likely to impair the firm's independence. This is because past employment with a client does not necessarily impair independence, especially if the individual is not currently working on the audit and there has been a sufficient cooling-off period. In contrast, direct financial interests (A and B) and current employment with the client (D) more directly impair independence.

Which of the Following Is least Likely to Impair a CPA