When the auditor is not independent with respect to a client, what must the auditor do?
A) Not accept an audit engagement.
B) Include a separate paragraph in the audit report stating the lack of independence.
C) Provide a review report.
D) Report the non-compliance to the AICPA.

Question

Quizplus · Accepted Answer

The auditor must not accept the audit engagement if they are not independent as independence is a fundamental requirement for audit engagement.

When the Auditor Is Not Independent with Respect to a Client