Business Ethics

Which of the following is NOT one of the key requirements for auditor independence?


A. Auditors must disclose all other written communications between management and themselves.
b. Public accounting firms must report if they are providing audit services to any company whose senior officers (Chief Executive Officer, Chief Financial Officer, Controller) were employed by that accounting firm within the previous 12 months.
C. Senior auditors on an account are required to be rotated every five years and junior auditors every seven years.
D. Specific topics must be established on which the external auditor must report to the client’s audit committee.

  1. 👍 0
  2. 👎 0
  3. 👁 137
asked by Simone
  1. Ask yourself this question differently: Which four of the following are key requirements for auditor independence?

    List the four ... and then the one not listed will be the answer to the question you posted.

    Let us know what you decide.

Respond to this Question

First Name

Your Response

Similar Questions

  1. business ethics

    which of the following is NOT one of the key requirements for auditor independence?

    asked by Tu'Lyishus on June 30, 2010
  2. Statistics

    It has been reported that 80% of taxpayers who are audited by the IRS end up paying more money in taxes. Assume that auditors are randomly assigned to cases, and that one of the ways the IRS oversees its auditors is to monitor the

    asked by Julia Brown on June 4, 2010
  3. college

    Ethical behavior requires? That auditors' pay not depend on the figures in the client's reports. Auditors to invest in businesses they audit. Analysts to report information favorable to their companies. Managers to use accounting

    asked by bran on April 1, 2009
  4. Accounting

    According to the Sarbanes-Oxley Act, the responsibility for issuing a report on a company's internal controls over financial reporting rests with: A.) both the company and its independent auditor. B.) the company. C.) the

    asked by HELP! on October 11, 2011
  5. Statistics

    An auditor wants to estimate what proportion of a bank’s commercial loan files are incomplete. The auditor wants to be within 10% of the true proportion when using a 95% confidence level. How many files must the auditor sample?

    asked by Lorie on October 13, 2011
  6. accounting

    The auditors may decide to confirm accounts payable on an audit engagement. Describe two reasons why the confirmation of accounts payable is not a genreally accepted auditing procedure, describe the audit crcumstances in which the

    asked by kew on June 7, 2009
  7. statistics

    an auditor wishes to test the assumption that the mean value of all accounts receivable in a given firm is $260.00. She will reject this claim on ly if it is clearly contradicted by the sample mean. the sample deviation of 36

    asked by Anonymous on April 29, 2012
  8. Gov't

    Which of the following is NOT a lon-term trend marking the expansion of suffrage in the U.S.? a. removing restrictive requirements based on religious belief b. the Federal Government taking less of a role in protecting suffrage

    asked by Lakeesha on January 21, 2007
  9. statistics

    Using the county auditor's list of households the researcher randomly selected 100 homes and contacted the residents. Of the 100 homes it was found that 62 had cable television. Which of the following are true? The population of

    asked by jessica on February 21, 2012
  10. 7th grade social studies help please

    The twentieth century–and the 1960s in particular–saw a proliferation of independence movements among former European colonies in Africa and Asia. Why do you think countries wanted independence? In what ways did these

    asked by Delilah on November 8, 2012

More Similar Questions