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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.

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3 years ago
When she was 8 years old, Inge was sexually abused by her uncle. At 14, Inge felt uncomfortable whenever she saw this uncle but
bezimeni [28]

Answer: Repression

Explanation:

Inge is using the defense mechanism of repression, Repression is rejecting a painful experience, memories and more likely when you see the person or thing which caused that to happen.

4 0
3 years ago
The best approach when discussing issues is to focus on one issue at a time.
Umnica [9.8K]
This is a true statement.

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7 0
3 years ago
When comparing the costs of inflation to society, it is important to distinguish between ____
fredd [130]

Answer:

Real and nominal inflation

Explanation:

When comparing the costs of inflation to society, it is important to distinguish between real and nominal inflation.

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3 0
3 years ago
Jonathon had a problem when submitting an exam in his online marketing class and he received a score of zero, so he sent an e-ma
LekaFEV [45]

Answer: Assurance

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According to the question, professor's reply within one hour is displaying  assurance quality factor that helps in maintaining , handling and fixing issue of Jonathan achieving zero marks instead of actual scores. He replied soon with solving his issue of scores and reliability on service was displayed.

5 0
4 years ago
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