For the following situation, state whether the CPA has violated the CHARTERED PROFESSIONAL ACCOUNTANTS OF ONTARIO...
For the following situation, state whether the CPA has violated the CHARTERED PROFESSIONAL ACCOUNTANTS OF ONTARIO Professional Rules of Conduct and/or Independence Standard, and explain your reasoning.
1. Emma, CPA, is the auditor for Nestco (a public company) and recommends that the company improve its internal controls. She accepts a 90-day engagement to design and implement new controls, and to train company staff on them.
Homework Answers
104.1 A member, student or firm shall co-operate with the
regulatory process of CPA
Ontario.
104.2 A member, student or firm shall
(a) promptly reply in writing to any communication from CPA Ontario
in which a
written reply is specifically requested;
(b) promptly produce documents when required to do so by CPA
Ontario;
(c) attend in person in the manner requested when required to do so
by CPA
Ontario in relation to the matters referred to in Rule 104.1
Thank you
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For the following situation, state whether the CPA has violated
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