A Covered Member (I

A covered member (i.e., the auditor) will not be independent from the client if he or she:

A) has, or is going to get, an immaterial indirect financial interest in a client.
B) has, or is going to get, a direct financial interest in a client.
C) has a joint investment with a client.
D) has a loan to or from a client, an officer of a client, or any individual owning more than 10 percent of a client.