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suter
2 months ago
10

Anthony is a member of the engagement team performing an audit of xyz. during the engagement, the president of xyz approaches an

thony and offers him the position of cfo at the company. anthony is considering the offer. what safeguards do the independence rules require anthony to apply?
Business
1 answer:
soldi70 [3.6K]2 months ago
3 0
Anthony must avoid any conflict of interest. If the company xyz, which he is auditing, offers him the position of Chief Financial Officer, accepting that role would create a conflict. To maintain his professional integrity, he would have to remove himself from the audit team if he chooses to take the CFO job. 
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