One day your ethics professor comes into class and proclaims that audit firms should be allowed to make materiality judgments when determining whether independence rules have been violated. After all, accountants make materiality judgments all the time. She suggests that a firm can maintain its objectivity and impartiality (hence its independence) in certain relationships based on a materiality exception. Do you agree with the professor's statement? Why or why not

Answer rating: 100% (QA)

The professors statement raises ethical considerations within the accounting ... View the full answer