The financial interests of a CPA's family members can affect the CPA's independence.Which of the following parties would not be included as a "direct financial interest" of the CPA?

Question

Quizplus · Accepted Answer

A sibling living in the same city as the CPA would not be considered a direct financial interest of the CPA. A direct financial interest generally refers to the CPA's spouse, dependent children, and other non-dependent family members who receive support from the CPA. Although a sibling may have financial interests that could potentially affect the CPA's independence, they are not considered a direct financial interest.

The Financial Interests of a CPA's Family Members Can Affect