Wu, a member, is an audit manager at the firm of Winn & White, CPA's. Wu teaches intermediate accounting at North State University, an audit client of Winn & White, CPA's. Wu is employed by North State University on a part-time non-tenured basis. Wu does not participate in the audit of North State University nor is he in a position to influence the audit in any way. Wu is required to participate in an employee benefit plan sponsored by North State University but does not make any contributions beyond what is required of him. What is true regarding the firm's independence concerning the audit of North State University as it relates to Wu's teaching position as described?

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In this scenario Winn White CPAs independence concerning the audit of North State University is like... View the full answer