1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DanielleElmas [232]
3 years ago
10

Many people believe that a CPA cannot be truly independent when payment of fees is dependent on the management of the client. Ex

plain two approaches that could reduce this appearance of lack of independence.
Social Studies
1 answer:
Illusion [34]3 years ago
8 0

Answer:

The correct answer is down below please read it well I couldn't summarise it too much to only occupy a few lines because it is too extense.

Explanation:

Options to decrease the aspect of the absence of independence in the first place are that the employment of a committee of audits to choose the auditors is delegated to directors that are not part of management. Also that all the changes and updates on auditor as well as the reasons backing them have to be reported to the SEC or any other regulatory institution. As well as the approval of the CPA firm by the stockholders in the annual meeting.

The second one is that the Sarbanes-Oxley act demands that the audit committee of a public company has to be integrated by independent members and have to cover duties of appointment, termination, and compensation of the audit firm.

You might be interested in
Which example best illustrates cognitive dissonance?
bulgar [2K]

<span>An example can be “Kate is shocked to hear that her best friend Mary, apparently a very honest individual, cheated on a physics question".</span>

The term cognitive dissonance in the study of psychology is used for the psychological disturbance experienced by an individual who at the same time have two or more ideas, concepts or values which are contradictory to each other.

8 0
3 years ago
Read 2 more answers
The United States __________.
rosijanka [135]

Answer: C. is one of the few developed countries that will experience an increase in population, due largely to immigration.

Explanation:

Currently, the United States are having people immigrating to her place, many people want to become citizens of United States and this would certainly increase in the future.

5 0
2 years ago
Choose the word or phrase that best completes each sentence.
cluponka [151]

Answer:

Trade.. Christian.. City Walls

Explanation:

Just took the test {:D))

make me brainliest :)

6 0
2 years ago
Read 2 more answers
What was the closest source of marble to rome
algol [13]
The closest source of marble for Rome was in the Apuan Alps 350 km north of Rome. In fact it was the Romans who started exploiting marble there.
4 0
2 years ago
Which of the following statements adout famine is true?
7nadin3 [17]
<span>B) Most victims of famine are middle-class inhabitants of urban areas.

Famine is a widespread scarcity of food, this is the only answer that makes sense. </span>
6 0
2 years ago
Read 2 more answers
Other questions:
  • A person's master status never changes.<br> a. true<br> b. false
    15·1 answer
  • What are two reason that the us government encouraged the destruction of bisons?
    13·2 answers
  • What was the impact on the society from the korematsu vs united states?
    5·1 answer
  • Family influences are not directly related to purchasing decisions. <br><br> a)True <br><br> b)False
    6·1 answer
  • Where did most enslaved African Americans live?
    13·1 answer
  • Do you think Social stability is more important than gender equality? Explained why with three or more sentences.
    13·1 answer
  • Use the vocabulary word EVADE in a complete sentence.
    9·2 answers
  • According to the map, what was the great migration
    12·1 answer
  • What feature did World War I, World War II, and the Cold War have in common?
    14·1 answer
  • Locate information about jamaica
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!