Independence is required for which of the following types of services?
A)Audit work.
B)Tax work.
C)Consulting.
D)Independence is always required of the CPA.

Question

Quizplus · Accepted Answer

Independence is required for audit work, according to professional standards and regulations. Independence is essential to ensure that the CPA is impartial and unbiased in their examination of the financial statements and the effectiveness of the company's internal controls. The auditor must be independent in fact and in appearance, which means that they must maintain both an objective mindset and avoid any conflicts of interest or relationships that may cloud their judgment.

Independence Is Required for Which of the Following Types of Services