An audit client hires a member of the audit engagement team to be its new controller.Sarbanes-Oxley rules require that:
A) The new controller sever all relations with the CPA firm, including any retirement funds.
B) The new controller not take part in any discussions regarding the retention of the audit form.
C) The client find a new audit firm.
D) The client disclose the controller's relationship in the notes to the financial statements.

Question

Quizplus · Accepted Answer

The Answer of An audit client hires a member of the audit engagement team to be its new controller.Sarbanes-Oxley rules require that:
A) The new controller sever all relations with the CPA firm, including any retirement funds.
B) The new controller not take part in any discussions regarding the retention of the audit form.
C) The client find a new audit firm.
D) The client disclose the controller's relationship in the notes to the financial statements.

An Audit Client Hires a Member of the Audit Engagement