According to the AICPA Code of Professional Conduct, which of the following financial interests in the client during the period of the engagement impairs a CPA’s independence?
A. Only direct material financial interests.
B. All direct financial interests.
C. Only material financial interests.
D. Only direct and material indirect financial interests.
Answer:D
According to the AICPA Code of Professional Conduct, which of the following financial interests in the client during the period of the engagement impairs a CPA’s independence?
A. Only direct material financial interests. B. All direct financial interests. C. Only material financial interests. D. Only direct and material indirect financial interests.