What change at a non-audit client DOES NOT require an independence evaluation? The client wants to acquire a KPMG audit client. The CEO of the client changes. The client is acquired by an existing KPMG audit client. KPMG is appointed the auditor of the client's parent company.
What change at a non-audit client DOES NOT require an independence evaluation? The client wants to acquire a KPMG audit client. The CEO of the client changes. The client is acquired by an existing KPMG audit client. KPMG is appointed the auditor of the client's parent company.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What change at a non-audit client DOES NOT require an independence evaluation?
The client wants to acquire a KPMG audit client.
The CEO of the client changes.
The client is acquired by an existing KPMG audit client.
KPMG is appointed the auditor of the client's parent company.
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