Some of the members of CUC's financial management team were former auditors for Ernst & Young, LLP.
Question:
(a) Why would a company want to hire a member of its external audit team?
(b) If the client has hired former auditors, how might this affect the independence of the existing external auditors?
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a A company may desire to hire one of its external auditors for a number of reasons i The auditor is ...View the full answer
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Related Book For 
Auditing Cases An Interactive Learning Approach
ISBN: 978-0133852103
6th edition
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
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