No ownership interest in an audit client is an example of Adherence to Rules of Professional Conduct in the CPA Guidelines for Ethical Behaviour.

Question

Quizplus · Accepted Answer

According to the rules of professional conduct in the CPA Guidelines for Ethical Behaviour, owning any direct or material indirect interest in an audit client is prohibited to maintain independence and objectivity. Therefore, having no ownership interest in an audit client is an example of adherence to these rules.

No Ownership Interest in an Audit Client Is an Example