If a public accountant (PA)performs the bookkeeping and makes accounting decisions for a company and the management does not know enough about the financial statements to take primary responsibility for them,the PA cannot be considered independent for assurance services.

Question

Quizplus · Accepted Answer

According to the rules of independence for assurance services, if a PA performs bookkeeping and makes accounting decisions for a company and the management does not have sufficient knowledge to take primary responsibility for the financial statements, the PA cannot be considered independent.

If a Public Accountant (PA)performs the Bookkeeping and Makes Accounting